🛑 Stripe launches native stablecoin for Sui - the game starts anew
Payment giant Stripe, through its subsidiary Bridge, announced the launch of USDsui - the first native stablecoin of the Sui ecosystem. This is a historic moment: for the first time, a global fintech operator of this scale is launching its own stablecoin.
Key details:
· The issuer is Bridge, acquired by Stripe for $1.1 billion
· A regulated platform Open Issuance (compliance with GENIUS) is used
· Stripe processes $1.4 trillion in payments annually through Amazon, Google, Shopify
Stripe creates direct competition for Circle (USDC) and PayPal (PYUSD), but with a fundamental advantage - integration into an existing ecosystem of millions of merchants. Their customer base gains access to crypto payments without changing processing.
When a level operator like Stripe enters stablecoins - it changes all the rules of the game.
make difference: your distinction in the market. Hugging you 🫂
#sui #Stripe #stablecoin #BRIDGE #Fintech $SUI
