SUI Group Partners with Ethena and the Sui Foundation to Launch suiUSDe and USDi, the First Native Sui Stablecoins
16 Articles
16 Articles
Key Points of the News Stablecoin Launch: Sui Group Holdings will launch suiUSDe and USDi in the Sui Blockchain before the end of the year, targeting both performance-seeking investors and transactional users. Treasury Fortress: The company has more than $300 million in SUI tokens and benefits from discounted purchases through the Sui Foundation, reinforcing its reserves. Market Context: The association with Ethena positions Sui Group to compete…
suiUSDe stablecoin debut boosts Sui blockchain confidence
According to SUI Group Holdings, the launch of the suiUSDe stablecoin is an important step for the Sui blockchain and its ecosystem. The token has been developed through a partnership between SUIG, Ethena Labs, and the Sui Foundation. With this move, Sui is the first non EVM network to bring a native dollar asset that can also generate yield. This creates new chances for liquidity and growth in decentralized finance. How does the suiUSDe stablec…
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