BlockBeats News: On January 20, River announced a strategic partnership with the official Sui team. This collaboration aims to bring liquidity and earning opportunities from multi-chain ecosystems into the Sui ecosystem, providing institutions, developers, and users with more efficient ways to utilize capital.
In this collaboration, River's core stablecoin, satUSD, will serve as a cross-ecosystem settlement asset, connecting liquidity across different chains and enabling native usage on Sui. Through River's chain-abstracted stablecoin architecture, users can deposit collateral on one chain and mint and use satUSD on another chain, without the need for bridging or wrapping assets, significantly lowering the operational barrier.
Leveraging Sui's high performance and low-latency technical features, satUSD will introduce capital from multiple ecosystems into DeFi applications and yield-generating products within the Sui ecosystem, expanding liquidity depth and composability. This collaboration marks a significant step for River in advancing its multi-ecosystem strategy, and also opens a new channel for Sui to connect with external capital.