🚨 Sui Group Holdings Set to Launch Synthetic Dollar Tokens

According to BlockBeats, Sui and Nasdaq-listed Sui Group Holdings Limited are rolling out two new synthetic dollar tokens to boost digital asset liquidity and stability on the Sui platform.

🔹 suiUSDe

A Sui-native synthetic dollar token supported by Ethena.

Backed by a mix of digital assets and corresponding short futures positions.

🔹 USDi

Another stablecoin planned for release later this year.

Supported by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), a tokenized money market fund.

These launches aim to strengthen liquidity options and provide stable digital dollar alternatives for Sui users.

#Sui #Stablecoin #CryptoLiquidity #USDi #suiUSDe #DeFi $SUI