Stablecoin News: Sui Launches Native USDsui Through Stripe's Bridge
Summary
The Sui blockchain ecosystem is launching USDsui, a new U.S.-compliant native stablecoin created using Bridge's Open Issuance platform. Bridge, which is owned by Stripe, provides the infrastructure for issuing compliant digital dollars across multiple blockchains. USDsui will function as Sui's native token, connecting to other Bridge-powered stablecoins used by platforms like Phantom and MetaMask, and will be accessible across Sui's wallets and DeFi protocols. This launch aims to integrate a compliant digital dollar into Sui applications, supporting instant, low-cost payments. Sui's high stablecoin transfer volume, exceeding $400 billion between August and September 2025, underscores the demand for such an asset. Zach Abrams, CEO of Bridge, noted that Open Issuance allows platforms like Sui to deploy stablecoins quickly and efficiently.
(Source:CoinDesk)