Sui Network introduces native stablecoin for payments and DeFi with Bridge
Key Takeaways
- Sui Network has introduced a new fiat-backed stablecoin called USDsui.
- USDsui is developed in partnership with Bridge to enhance DeFi and payments on Sui.
Sui Network today launched USDsui, a new stablecoin developed in partnership with Bridge, which was acquired by Stripe earlier this year, to enhance payments and decentralized finance applications on its blockchain platform.
The fiat-backed stablecoin is designed for yield-sharing and real-world use cases, positioning USDsui as a key anchor for Sui’s economy. The token supports applications in e-commerce and gaming alongside traditional payments and DeFi functions.
USDsui is engineered to be GENIUS-ready, enabling seamless compatibility with advanced features like AI agent transactions on Sui. The integration allows the stablecoin to work with automated trading and transaction systems within the network.
The launch represents Stripe’s continued expansion into blockchain infrastructure through stablecoin issuance and subscription support. Bridge facilitates the technical integration of USDSUI across Sui’s ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XStocks Hits $10B in 4 Months, Tokenized Stocks on the Rise
ICBA Cautions That Sony's Stablecoin May Pose Risks to Financial System Stability
- ICBA opposes Sony Bank's crypto venture, urging OCC to reject Connectia Trust's stablecoin and custody services. - Critics warn Sony's stablecoin mimics deposits without CRA compliance or FDIC insurance, creating regulatory arbitrage risks. - Opaque reserve details and potential liquidity crises raise concerns about systemic instability and asset recovery challenges. - Community banks fear unfair competition if corporations bypass traditional regulations through crypto banking innovations. - OCC's upcomi
DeFi’s Two Sides: Morpho Achieves Unprecedented Fees While Curators Face Significant Losses
- Morpho's DeFi platform generated $370,000 in curator fees (Nov 3-9, 2025) despite liquidity challenges, highlighting its growing influence amid market volatility. - Steakhouse Financial led with $115,000 in fees, while MEV Capital's $65,000 loss exposed risks of high-risk strategies during liquidity disruptions. - Industry experts attribute the surge to aggressive risk-reward strategies, but warn abrupt market shifts could reverse fortunes for curators. - kpk launched automated vaults on Morpho to optimi
Trending news
MoreCrypto prices
More
