Stablecoins

Phoenix Labs submitted SAEP-24, which would amend Spark's Risk Curation Framework to give standing approval to a closed list of risk-reduction actions and align with Sky timelock requirements.

Sky ecosystem teams posted their proposed changes for the October 22, 2026 spell. Spark would bridge 100M sUSDS to Arbitrum and lower WETH slope 2 from 75% to 30%, Grove would send its 800K USDS October grant, and Osero and Pattern would add rate limits.