#BREAKING
🔥 Sui Partners with Ethena Labs
Big news out of Token2049!!! Sui Group Holdings, together with Ethena Labs and the Sui Foundation, is launching two new stablecoins:
🔹 suiUSDe → a yield-bearing synthetic dollar, powered by Ethena’s infra. Income from reserves will be reinvested into $SUI, boosting ecosystem growth.
🔹 USDi → a 1:1 backed stablecoin with BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). Brings money market stability to Sui.
💡 Why this matters:
First time a non-EVM blockchain hosts a native income-generating stable asset.
Expands Sui’s liquidity, utility, and positions it as a serious challenger to USDT & USDC.
Shows how RWA + DeFi can merge to create the next wave of stablecoin innovation.
