
Foresight News|Oct 02, 2025 01:30
[Sui Partners with Listed Company SUIG to Launch Synthetic Dollar suiUSDe]
Foresight News reports that Sui announced its collaboration with Nasdaq-listed treasury management company SUI Group Holdings Limited to launch suiUSDe. This is a proprietary synthetic dollar token natively supported by Sui, with technical backing from Ethena. suiUSDe will be backed by a combination of various digital assets and corresponding short futures positions.
In addition to suiUSDe, a new stablecoin called USDi, backed by the tokenized BlackRock USD Institutional Digital Liquidity Fund (BUIDL), is also set to launch on the Sui platform later this year.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink