As reported by The Coin Republic, Sui Network and Stripe have partnered to launch a yield-bearing USDsui stablecoin via Bridge’s Open Issuance platform. The stablecoin, which is fiat-backed and GENIUS Act-compliant, aims to power payments, DeFi, and real-world use cases on the Sui blockchain. USDsui will be interoperable with major platforms like Phantom, Hyperliquid, and MetaMask. The stablecoin is expected to launch later this year and will provide automatic access to wallets and DeFi protocols on Sui. Meanwhile, Sui’s price has fallen over 2% in the past 24 hours and 30% in a month amid broader market weakness.
Sui and Stripe Partner to Launch Yield-bearing USDsui Stablecoin
The Coin RepublicShare
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