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One platform for global traditional assets
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Techub News reports that Sky (formerly MakerDAO) tweeted that the USDS OFT bridge has been paused, and an assessment of the impact of the rsETH security incident is underway. The Sky Protocol and USDS contracts are unaffected. USDS remains fully collateralized according to its protocol design and can be verified on-chain at any time. The bridge is expected to resume after the review is completed. If there are significant developments, further updates will be issued.