Key Highlights
- Sui Network launched USDsui, a U.S. dollar-backed stablecoin in partnership with Bridge to support payments and DeFi on Sui’s blockchain.
- USDsui works in wallets, apps, and DeFi platforms and can be used for shopping, gaming, and earning rewards.
- Bridge makes it easy to use, so developers can build apps, send money across countries, and support games like EVE Frontier.
Sui Network announced the launch of its new stablecoin, USDsui, developed in partnership with Bridge, a blockchain infrastructure company acquired by Stripe earlier this year.
The token is backed by the U.S. dollar and is meant to help payments and decentralized finance (DeFi) on Sui’s blockchain.
USDsui for everyday use and DeFi
According to the press release, the stablecoin supports yield-sharing and real-world use cases, including e-commerce, gaming, and traditional payments. It is built to follow the GENIUS Act, a bill passed into law this year to regulate stablecoins, so it can work with automated systems and AI transactions on the network.
USDsui is already made available across wallets, DeFi platforms, and apps built on Sui. It can also work with other stablecoins supported by Bridge, including tokens on Phantom, Hyperliquid, and MetaMask.
Built for developers and global payments
Bridge’s Open Issuance platform allows USDsui to launch quickly with strong infrastructure and provides developers with immediate access so they can use it to create apps and services without extra technical work. The platform also makes it possible to send money across countries, make peer-to-peer transfers, and use the token in real-world payments.
“This landmark product launch on Bridge connects Sui’s native assets directly to global commerce, fintech, and traditional financial rails,” said Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs. “We are building a self-sustaining ecosystem where stablecoin economics fuels real-world adoption.”
USDsui is connected to Sui’s native liquidity layer, Deepbook, and can support in-game economies like EVE Frontier.
Why it matters
The USDsui stablecoin provides a native and compliant environment for Sui’s blockchain ecosystem. Its structure gives developers on the network a ready-to-use, high-performance platform that can help them build applications, while users can send funds across wallets and platforms seamlessly.
The launch also comes months after President Donald Trump passed the GENIUS Act into law, which makes it regulated and a trustworthy option for investors. With Sui already processing over $412 billion in stablecoin transactions, USDsui is expected to strengthen the network’s economy while competing with other stablecoins like USDC, USDT, and the rest.
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