Sui Network introduces native stablecoin for payments and DeFi with Bridge
Crypto Briefing
Sui Network launched USDsui, a new fiat-backed stablecoin developed with Bridge to enhance payments and DeFi on its blockchain.Summary
Sui Network has introduced USDsui, a new fiat-backed stablecoin created in partnership with Bridge (which was recently acquired by Stripe). This stablecoin is intended to serve as a key economic anchor for the Sui blockchain, supporting real-world use cases like e-commerce and gaming, alongside traditional decentralized finance (DeFi) applications. A notable feature is its GENIUS-readiness, enabling seamless compatibility with AI agent transactions and automated trading systems within the Sui ecosystem. The launch signifies Stripe's ongoing expansion into blockchain infrastructure via stablecoin issuance and subscription support, with Bridge handling the technical integration across Sui.
(Source：Crypto Briefing)