[Bullish Lists Sui Native Stablecoin USDsui, Reserve Earnings Used for SUI Buybacks] According to a report by CryptoBriefing on October 6, the exchange Bullish has launched the Sui blockchain's native stablecoin, Sui Dollar (USDsui), and opened trading in eligible regions. USDsui was introduced on March 4 this year and is issued 1:1 via the Open Issuance platform by Bridge, a subsidiary of Stripe. Its reserve assets include U.S. Treasury bonds, repurchase agreements, money market funds, and cash. Unlike most fiat-backed stablecoins, the earnings generated from its reserves are directed toward repurchasing SUI tokens and incentivizing DeFi liquidity within the Sui ecosystem. USDsui has a circulating supply of approximately 78.5 million tokens, maintaining a $1 peg, and ranks as the second-largest stablecoin on the Sui blockchain in certain snapshots.