Stablecoin Development Corporation Reports Second Quarter 2026 Financial Results
Stablecoin Development Corporation reported Q2 2026 financial results, including staking revenue of $2.2 million for the quarter and $4.7 million for the first half of 2026. The company also grew its SKY position to 2.29 billion tokens (approximately 10% of total SKY supply) and eliminated all remaining warrant liabilities from its balance sheet.
Why it matters — SDEV watchers would note the company's elimination of all warrant liabilities and its significant increase in SKY token holdings, representing roughly 10% of total supply.