Sui Launches USDsui Stablecoin Built on Stripe-Owned Bridge
Sui Network announced the launch of USDsui, a native dollar-pegged stablecoin minted using infrastructure from Bridge, a payments technology owned by Stripe. USDsui will exist natively on Sui’s blockchain to provide on-chain dollar liquidity that integrates with Sui’s smart contract primitives and tooling, aiming to deliver faster settlement and deeper composability compared with bridged dollar assets.
The rollout reflects a wider industry push as layer-1s and ecosystems create their own dollar assets to capture native liquidity and reduce dependence on USDT and USDC. For developers and traders, USDsui could lower friction for DeFi applications and improve user experience on Sui, but wider adoption will hinge on liquidity provision, custodial arrangements, and regulatory clarity. The launch intensifies competition for dollar dominance across chains and highlights growing partnerships between payments infrastructure and blockchain projects.