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Layer-1 blockchain Sui (SUI) has entered the stablecoin competition with its own native digital dollar, USDsui.
USDsui stablecoin, issued by Bridge, a payment infrastructure company affiliated with Stripe, has been officially launched on the Sui mainnet.
In today’s announcement, it was claimed that the dollar on Sui offers a unified digital dollar specifically designed for scalable finance and global payments. The new stablecoin is said to be accessible through wallets, DeFi protocols, and applications within the Sui ecosystem.
According to the Sui Foundation, the rollout of USDsui on the mainnet is seen as a significant step strengthening the network’s global payment use case. First announced in the last quarter of 2025, the stablecoin was developed using Bridge’s Open Issuance platform and launched with enterprise-grade infrastructure.
The new stablecoin aims for seamless use in both global payments and DeFi applications thanks to its fast transaction finality, predictable costs, and compliance-focused infrastructure. With its launch, USDsui is now available on various DeFi platforms within the Sui ecosystem, including Slush, Aftermath, Alphalend, Bluefin, Cetus, DoubleUp, Ferra, NAVI, Pyth, Scallop, Suilend, and Turbos.
USDsui is also designed to work interchangeably with other stablecoins developed within Bridge’s Open Issuance ecosystem.
Bridge Co-Founder and CEO Zach Abrams stated that the Open Issuance infrastructure aims to eliminate the technical complexity and lengthy launch times in the stablecoin development process, saying, “Open Issuance is designed to enable platforms like Sui to launch their own stablecoins quickly and efficiently. We are excited to see what developers will build with Sui dollar.”
*This is not investment advice.