Sui Launches USDsui Stablecoin with Stripe-Owned Bridge

Published at 2025-11-12 14:45:13

Sui announced the launch of USDsui, a native USD-pegged stablecoin created in collaboration with Bridge, a company owned by Stripe. USDsui is designed to be used across Sui’s onchain economy — from payments and merchant settlement to lending, trading and yield products — with the goal of making transactions faster and cheaper for users and builders on the network. The introduction of a native stablecoin could materially boost liquidity and composability on Sui, lowering barriers for developers and improving user experience. Market participants view the move as a step toward broader mainstream use, though stablecoin issuance will draw regulatory and operational scrutiny. For SUI token holders, greater onchain activity may increase demand for network services and fees, supporting ecosystem growth if adoption follows.

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Circle’s CEO defended the company’s authority to freeze USDC after the $270 million Drift Protocol exploit and urged faster legal frameworks to enable rapid, lawful responses to crypto hacks.

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Published at 2026-04-09 10:00:12

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Published at 2026-04-08 17:01:14

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