Stablecoin Development Corporation

Stablecoin Development Corporation (NYSE American: SDEV) is an on-chain holding company focused on long-duration participation in protocol-aligned digital asset ecosystems and providing public market access to the stablecoin economy. The company's core strategy centers on accumulating and staking SKY tokens, the governance token of the Sky Protocol ecosystem, which evolved from MakerDAO. Sky Protocol is a decentralized finance platform enabling the creation and use of USDS, a decentralized stablecoin pegged to the U.S. dollar, and serves as infrastructure for lending, savings, and on-chain capital markets. SDEV generates revenue through staking rewards earned on its SKY holdings. As of June 30, 2026, the company held approximately 2.29 billion SKY tokens, representing approximately 10% of total SKY supply. The company maintains a highly concentrated single-asset portfolio with no debt and operates from West Palm Beach, Florida. Updated Jul 31, 2026