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Sui Foundation, Ethena, and Sui Group to Launch Proprietary Stablecoins 'suiUSDe' and 'USDi'

2025/10/03 11:23 (Updated 2025/10/04 06:01)
CoinPost
Written by A.Yamada
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Sui Foundation, Ethena, and Sui Group to Launch Proprietary Stablecoins 'suiUSDe' and 'USDi'

Plans to Issue 'suiUSDe' and 'USDi'

Sui Group Holdings (SUIG) announced on the 1st that, in partnership with the Sui Foundation and Ethena, they will launch proprietary stablecoins 'suiUSDe' and 'USDi' based on the Sui blockchain. This collaboration, involving a digital asset treasury company (Sui Group), a blockchain foundation (Sui Foundation), and a stablecoin provider (Ethena), marks an industry first. Following the announcement, the cryptocurrency SUI saw a 5% increase in value. Marius Barnett, Chairman of Sui Group, explained...

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Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.