Sky news today centers on renewed institutional attention, stronger reserve disclosures and governance activity across the protocol’s stablecoin ecosystem. SKY was trading at $0.0963, up +5.44% over 24 hours as of October 5, 2026, at 01:40 UTC. A key recent development was S&P Global Ratings’ assignment of a B- rating with a stable outlook to Sky on October 2. The rating highlights growing scrutiny of the protocol’s financial structure as Sky expands its role in decentralized stablecoin issuance and on-chain capital allocation.