Overview
- USDsui went live on Sui mainnet on March 4, 2026 as the network’s native dollar-pegged token.
- Bridge, a Stripe subsidiary, issues USDsui via its Open Issuance infrastructure built for enterprise compliance.
- Mysten Labs’ Adeniyi Abiodun says reserve yield will fund SUI buybacks or be allocated to DeFi liquidity and AMMs.
- The stablecoin is structured for 1:1 backing with cash and short‑term U.S. Treasuries in line with regulated reserve models.
- Launch-day support spans Sui wallets and DeFi apps such as Slush, Aftermath, Cetus and Suilend, with reports pointing to Galaxy Digital overseeing reserves and an initial $10 million treasury deployment.