Ethena-backed suiUSDe stablecoin goes live on Sui with $10 million yield vault launch
Yahoo Finance·2026-02-11 21:59

The Ethena-backed eSui Dollar (suiUSDe) has launched on Sui Mainnet, expanding the network’s stablecoin offerings and introducing the network's first synthetic dollar to onchain trading and yield infrastructure, the Sui Foundation said in a blog post Wednesday. The rollout also brings suiUSDe to DeepBook Margin, where it becomes the first synthetic dollar supported by the trading system. Alongside the launch, SUI Group Holdings seeded a newly launched suiUSDe vault with $10 million, marking one of the l ...

Ethena-backed suiUSDe stablecoin goes live on Sui with $10 million yield vault launch - Reportify