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Solana Rival Sui Launches New Native Stablecoin in Partnership With Payments Giant Stripe

Solana Rival Sui Launches New Native Stablecoin in Partnership With Payments Giant Stripe

Daily HodlDaily Hodl2025/11/12 16:00
By:by Daily Hodl Staff

The Sui Foundation is announcing the launch of a native stablecoin issued by Bridge, a subsidiary of payments company Stripe.

According to the foundation , USDsui will function as a stablecoin within the Sui network and will be available across wallets, decentralized finance protocols and applications built on the blockchain.

USDsui is being developed on Bridge’s Open Issuance platform and is scheduled to go live later this year.

USDsui is designed to be interoperable with other stablecoins issued through Bridge on platforms such as Phantom, Hyperliquid and MetaMask.

Bridge’s infrastructure allows projects to create stablecoins with integrated payment features and enterprise-grade security. The company says the process reduces the complexity and time required to deploy compliant digital assets.

Says Adeniyi Abiodun, co-founder and chief product officer at Mysten Labs, a contributor to Sui’s development,

“This landmark product launch on Bridge connects Sui’s native assets directly to global commerce, fintech, and traditional financial rails, establishing Sui as the driver of the next phase of onchain economic activity. We are building a self-sustaining, utility-driven ecosystem where stablecoin economics fuels real-world adoption.”

The foundation says USDsui is intending to comply with the forthcoming GENIUS Act, with revenues from the asset directed toward ecosystem growth programs.

Sui processed $412 billion in stablecoin transfer volume between August and September 2025, according to data from the foundation.

Featured Image: Shutterstock/3000ad/Alexxxey

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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