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Sui deploys USDsui stablecoin for onchain commerce
Summary
On Nov. 11, the Sui Foundation announced the deployment of USDsui, a new native stablecoin built on the Open Issuance platform from Bridge, a Stripe company.
The foundation said that upon launch, USDsui will serve as a fully interoperable digital dollar across the Sui ecosystem, supporting wallets, DeFi protocols, gaming economies, and cross-border payments.
Bridge rails and ecosystem integration
Sui’s USDsui leverages Bridge’s Open Issuance platform to deploy a stablecoin with enterprise-grade infrastructure from day one. According to the announcement, the platform imbues USDsui with onchain liquidity and sustainability while enabling real-world payment utility.
This foundation also grants USDsui a significant interoperability advantage. It will not operate in a silo. At launch, the stablecoin is engineered to be interoperable with other stablecoins powered by Bridge across major platforms including Phantom, Hyperliquid, and MetaMask.
At the same time, developers on Sui are expected to benefit from a fully integrated solution that works with Sui’s native liquidity layer, Deepbook, and other applications such as in-game economies like those in the upcoming EVE Frontier.
USDsui launch arrives as the Sui network demonstrates staggering organic demand for stable assets. Between August and September of this year alone, the network processed a combined $412 billion in stablecoin transfer volume. This figure underscores a market actively seeking a stablecoin capable of enabling compliant yield generation and scaled economic activity.