Stablecoin yield project Osero raises $13.5 million, led by Sky Ecosystem.

CoinFeed reported on May 12th that Osero, a stablecoin yield infrastructure project, has completed a $13.5 million funding round led by Sky Ecosystem (formerly MakerDAO), with participation from Plasma. The entire funding round was structured in the form of a future token protocol (SAFT), and the valuation was not disclosed. Osero was incubated by Stablewatch, a stablecoin yield data and risk control platform, and focuses on providing savings infrastructure for Sky's stablecoins USDS (formerly DAI) and sUSDS. It connects individuals and institutions to Sky Savings Rate through the Osero App and Osero Earn, and integrates with wallets, banks, and exchanges.