SUI Group Holdings has announced a major expansion of its digital asset footprint with the launch of two new stablecoins, suiUSDe and USDi, in collaboration with Ethena and the Sui Foundation.
The move, unveiled at TOKEN2049, aims to deepen liquidity within the $30 billion Sui Network. suiUSDe will function as a synthetic dollar native to Sui, while USDi is backed by BlackRock’s BUIDL tokenized money market fund. Both tokens are expected to go live in Q4 2025, offering stablecoin-as-a-service directly to Sui’s ecosystem.
Ethena Labs, creator of the $14.8 billion USDe stablecoin, is providing the technology backbone. The initiative makes SUI Group the first publicly traded digital asset treasury to issue its own stablecoins, blending on-chain issuance with access to public markets.
A share of net revenue from reserves will flow back into SUI Group’s treasury, reinforcing its financial strength while simultaneously driving DeFi adoption and broader network utility.
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