Sui launches USDSui, a stablecoin for notes, expected to list later this year.

Sui will partner with Bridge (a subsidiary of Stripe) to launch its native stablecoin USDsui, targeting wallets, DeFi, and application scenarios. USDsui will be compatible with the Bridge ecosystem and interoperable with stablecoins on platforms such as Phantom, Hyperliquid, and MetaMask. Deployed on Open Issuance, USDsui is positioned for compliance preparation, cross-border payments, and P2P transfers, and is intended to comply with requirements following the enactment of the GENIUS Act. Related revenue will be used for ecosystem growth and investment.