Sui Foundation Launches USDsui Stablecoin to Enhance On-Chain Payments and DeFi

The sui Foundation has introduced USDsui, a native stablecoin built on Bridge’s Open Issuance platform, marking a significant step in expanding Sui’s on-chain economy. Designed for speed, compliance, and interoperability, USDsui aims to serve as the backbone for payments, decentralized finance (DeFi), and practical applications across the Sui network.

USDsui will integrate with other Bridge-powered stablecoins from platforms like Phantom, Hyperliquid, and MetaMask, fostering cross-platform liquidity. The stablecoin’s launch follows an industry-first collaboration between SUI and Nasdaq-listed Sui Treasury Company, leveraging Ethena’s technology to create a synthetic dollar token tailored for the Sui ecosystem.

Bridge’s infrastructure ensures USDsui combines on-chain sustainability with real-world utility, enabling seamless peer-to-peer transfers, remittances, and cross-border payments. This development strengthens Sui’s stablecoin infrastructure, positioning it as a competitive player in the evolving digital asset landscape.