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

2025/10/03 11:23 (Updated 2025/10/03 18:00)
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 collaboration with the Sui Foundation and Ethena, they will launch proprietary stablecoins 'suiUSDe' and 'USDi' based on the Sui blockchain. This marks the first industry collaboration involving a digital asset treasury company (Sui Group), a blockchain foundation (Sui Foundation), and a stablecoin provider (Ethena). 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.16

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