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.
Source: https://cryptobriefing.com/sui-network-launches-usdsui-stablecoin-stripe-defi/