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SUI Group Partners with Ethena and the Sui Foundation to Launch suiUSDe and USDi, the First Native Sui Stablecoins
Businesswire· 2025-10-02 05:00
WAYZATA, Minn.--(BUSINESS WIRE)--SUI Group Holdings Limited ("SUI Group,†"SUIG†or the "Company†) (NASDAQ: SUIG), in partnership with Ethena, a DeFi synthetic dollar protocol, and the Sui Foundation, today announced the launch of suiUSDe, a Sui-native synthetic dollar token, and USDi, a stablecoin backed by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) tokenized money market fund. Ethena is the protocol behind USDe, the third-largest and fastest-growing USD-denominated digital. ...