Sui Network Launches USDsui Stablecoin with Bridge
- Sui Network has introduced USDsui, a new fiat-backed stablecoin, developed in partnership with Bridge.
- USDsui aims to enhance DeFi and payment functionalities on the Sui blockchain platform.
- The stablecoin is designed for yield-sharing and supports applications in e-commerce, gaming, traditional payments, and DeFi functions.
- USDsui is engineered to be GENIUS-ready for seamless compatibility with AI agent transactions on Sui.
- The launch signifies Stripe’s continued expansion into blockchain infrastructure through stablecoin issuance and subscription support.
Sui Network’s introduction of USDsui, developed with Bridge, enhances its blockchain’s DeFi and payment capabilities. The fiat-backed stablecoin supports various applications, marking Stripe’s ongoing growth in blockchain infrastructure.
Source (3.2)https://cryptobriefing.com/sui-network-launches-usdsui-stablecoin-stripe-defi/?rand=59535