On Tuesday, the Sui Foundation announced via X that it has entered into a strategic partnership with River, a chain-abstraction stablecoin system that connects assets, liquidity, and yield across multiple chains.
This partnership combines River’s chain-abstraction stablecoin framework with Sui’s high-performance infrastructure. River's stablecoin satUSD becomes the unified asset that lets liquidity move across ecosystems and settle natively on Sui.
River connects assets and liquidity from other ecosystems into Sui. satUSD is the unified stablecoin that keeps that capital moving and usable onchain.
Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is down 3.1% in the last 24 hours, trading at $1.508 per coin.
Hassan Maishera