Coinbase Adds Sky and USDS to Listing Roadmap

Key Points:
  • Sky and USDS added to Coinbase listing roadmap, affecting crypto markets.
  • Potential liquidity shift from existing stablecoins expected.
  • Anticipated trading volume increase following listing additions.

On July 3, 2025, Coinbase announced the addition of Sky (SKY) and USDS (USDS) to their coin listing roadmap via their official Twitter account.

This development may lead to liquidity shifts from major stablecoins like USDT and USDC, influencing short-term trading dynamics once trading for these assets goes live.

Coinbase Expands Listings with Sky and USDS

Coinbase, a major US-based cryptocurrency exchange, updated its coin listing roadmap to include Sky (SKY) and USDS (USDS). This announcement, published on July 2, 2025, was shared directly through Coinbase’s official Twitter handle. The exchange expects trading for these assets to commence based on liquidity and technical criteria. Sky and USDS project teams have not commented on this new listing on their public platforms.

Immediate market implications can shift liquidity flows, particularly within the stablecoin market. USDS might vie for market share with USDT, USDC, and DAI, following historical patterns seen with prior listings. SKY, being new to the platform, may encounter increased user activity and initial trading volatility.

“We’ve added Sky (SKY) and USDS (USDS) to the roadmap. Trading will begin if and when liquidity and technical standards are met.” — Coinbase (Official X/Twitter account)

Sky’s Market Dynamics and Trading Trends

Did you know? Previous Coinbase stablecoin listings have historically triggered short-term surges in trading volume and affected liquidity among other stablecoin pairs like USDT/USDC.

Sky, currently priced at $0.08, holds a market cap of approximately $1.77 billion, commanding a market dominance of 0.05%, according to the latest figures from CoinMarketCap. Its 24-hour trading volume is at $8.21 million, marking a notable rise of 105.91%. Prices witnessed a 6.43% change over the past day, hinting at short-term volatility. Over a three-month period, Sky’s value increased by 51.28%, reflecting substantial growth.

sky-daily-chart-3
Sky(SKY), daily chart, screenshot on CoinMarketCap at 07:51 UTC on July 3, 2025. Source: CoinMarketCap

According to the Coincu research team, the inclusion of Sky and USDS on Coinbase can potentially drive notable changes in market behavior. Historical trends indicate liquidity rotations and increased adoption for new listings, supported by strategic pairings on such a key exchange.

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