Sky pauses USDS OFT cross-chain bridging; the protocol and its contracts remain unaffected by the rsETH security incident.

Sky (formerly MakerDAO) announced on X that it has temporarily suspended the cross-chain bridging functionality for its omnichain fungible token (OFT) USDS. The team will further assess the impact of the recent rsETH security incident. Sky emphasized that its protocol and the USDS smart contract remain unaffected at this time, and USDS continues to be fully collateralized as designed—verifiable on-chain at any time.