Sui Foundation has launched USDsui, a new native stablecoin leveraging Bridge’s Open Issuance platform, to support the growth of its on-chain economy.
The framework meets the requirements of the GENIUS Act, signed into law by President Donald Trump to establish the first federal rules for stablecoins.
On November 12, the Sui Foundation announced the launch of USDsui, a native stablecoin issued on Sui through Bridge’s Open Issuance platform. Unlike bridged versions of existing stablecoins, USDsui is purpose-built for Sui, leveraging Bridge’s enterprise-grade infrastructure to deliver a fully integrated and scalable on-chain asset.
USDsui introduces several key advantages to the ecosystem. Its interoperability will allow seamless integration across wallets, DeFi protocols, and applications within Sui, while also maintaining compatibility with other stablecoins issued via Bridge, on platforms such as MetaMask, Phantom, and Hyperliquid.
In terms of performance and scalability, US
