The Sui blockchain has officially launched its native stablecoin, USDsui, with a commitment to channel asset returns back into its ecosystem. These returns will be used to buy back and burn SUI tokens or be invested in DeFi protocols and automated market-making to incentivize trading. USDsui is issued by the stablecoin company Bridge, which was acquired by payment giant Stripe last year.
Sui Blockchain Launches Native Stablecoin USDsui
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