Sui and Bridge have launched USDsui, a native stablecoin issued on Bridge's Open Issuance platform to serve as a foundational asset for the Sui network. The token is intended to boost on-chain settlement, liquidity, and developer use while aligning with regulatory and transparency expectations.
Sui has launched USDsui, a stablecoin issued via Bridge's Open Issuance platform and positioned as a core asset for the Sui network. The collaboration is designed to keep the new token aligned with Sui's strategic aims and evolving regulatory requirements.
Former Coinbase executive Conor Grogan reported the Hyperliquid bridge stopped processing withdrawals, with no transactions for 21 minutes as of Nov 12, 2025. The outage affects transfers for the HYPE token.
Sui and Bridge (owned by Stripe) are launching USDsui, a native USD-pegged stablecoin to accelerate onchain commerce and DeFi within the Sui ecosystem. The token aims to reduce settlement friction and attract liquidity to Sui-based apps.