Sui has announced the launch of its native stablecoin, USDsui, in collaboration with Bridge, a subsidiary of Stripe. The stablecoin is designed to enhance wallets, DeFi, and application scenarios, and will be compatible with the Bridge ecosystem. It will also be interoperable with stablecoins on platforms like Phantom, Hyperliquid, and MetaMask. USDsui is deployed on Open Issuance and aims to facilitate compliance, cross-border payments, and peer-to-peer transfers, aligning with the GENIUS Act requirements. The initiative is expected to support ecosystem growth and investment, with related revenue directed towards these goals. Sui reported that the total on-chain transfer volume for its stablecoin reached approximately $412 billion in August and September, indicating strong demand and capacity.