Hassan Maishera
On Thursday, the Avalanche Foundation announced via X that USDS and sUSDS are now natively available on Avalanche. The launch was possible due to Skylink, Sky's bridge, developed by Grove Finance, a long-term Avalanche partner helping expand institutional-grade stablecoin rails onchain.
For builders, it simplifies how stablecoin liquidity moves. For the ecosystem, it brings another major set of assets onchain with fewer tradeoffs. Grove has pioneered the Avalanche bridge. Sky governance controls the transfer limits, scaling timelines, and future deployments.
The rollout is phased.
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April 13: The Avalanche bridge went live. Global daily transfer cap of 5M in either direction, set by Sky governance. This cap is system-wide across all participants, protocols, and applications.
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April 27: Limits will be increased to their final capacity for the initial deployment in both directions.
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Later in Q2 2026: new infrastructure is expected to enable native USDS to sUSDS conversions directly on Avalanche.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem. Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.
This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain, and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely, having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.
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