Sui joins stablecoin race with USDsui mainnet launch
The Block
Sui's USDsui stablecoin, issued by Stripe-owned Bridge, has officially launched on the mainnet.Summary
Sui has launched its USDsui stablecoin on the mainnet, issued by Stripe-owned Bridge. The Sui Dollar is designed to be a unified digital dollar optimized for scalable finance and global payments, accessible across wallets, DeFi protocols, and applications on Sui. This new stablecoin is compatible with other Bridge-issued stablecoins and was designed to comply with the GENIUS Act, the U.S. government's stablecoin legislation passed in 2025. The launch occurs amid ongoing political friction where President Donald Trump claimed banks are undermining the GENIUS Act. Sui itself has roots in Meta's Diem project, with its core developer, Mysten Labs, aiming for superior speed and scalability.
(Source：The Block)