On Wednesday, the Sui Foundation announced via a blog post that it will launch USDsui, a native stablecoin built using Bridge’s Open Issuance platform. USDsui is designed to serve as a foundational stablecoin for the Sui network. It offers builders a fully integrated, compliant-ready solution that is interoperable across Bridge’s ecosystem and optimized for Sui’s high-performance architecture.
At launch, it will be accessible across wallets, DeFi protocols, and applications built on Sui. USDsui will also be interoperable with other stablecoins powered by Bridge from major platforms such as Phantom, Hyperliquid, and MetaMask.
Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is down 0.1% in the last 24 hours, trading at $2.035 per coin.
Hassan Maishera