SUI Partners With Ethena, Sui Foundation to Launch Native Stablecoins

MT Newswires Live

10/02

SUI (SUIG) said late Wednesday that it has partnered with Ethena and the Sui Foundation to launch suiUSDe and USDi native stablecoins.

suiUSDe is a Sui-native synthetic dollar token built on Ethena's protocol, while USDi is a stablecoin backed by the BlackRock USD Institutional Digital Liquidity Fund.

The company expects both stablecoins to go live before the end of the year.

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