Bitcoin

Bitcoin

$ 72,800.00

BTC (24h)

7.87%
Etherum

Ethereum

$ 2,128.03

ETH (24h)

8.50%
BNB

Binance

$ 657.67

BNB (24h)

4.61%
XRP

XRP

$ 1.44

XRP (24h)

7.06%
Cryptocurrency News

Stripe’s Bridge Launches Sui Dollar Stablecoin on Sui Mainnet

What to Know

  • Sui Dollar (USDsui) has launched on the Sui mainnet, issued by Bridge.

  • The stablecoin is designed for global payments, fast settlements, and predictable costs.

  • Following the launch, SUI rose about 8% to $0.97 as the new stablecoin introduces fresh liquidity and incentives for the ecosystem.

A new stablecoin has arrived on the Sui blockchain. Sui Dollar (USDsui) is now officially live on the Sui mainnet, marking an important step for the network’s plans to support global payments and financial applications.

The stablecoin is issued by Bridge, a company owned by Stripe. It is designed to act as a native digital dollar for the Sui ecosystem, allowing developers, businesses, and users to move money easily across applications built on the network. The launch was first announced in November 2025, and the stablecoin is now available across wallets, DeFi platforms, and applications within the Sui ecosystem.

Native Dollar for the Sui Ecosystem

Sui Dollar is designed to work as a unified digital dollar on the Sui blockchain. Unlike many stablecoins that come from outside networks, USDsui is built specifically for Sui. The stablecoin is issued through Bridge’s Open Issuance platform, which allows blockchain networks to launch stablecoins using enterprise-level infrastructure.

This means the stablecoin is designed with features such as:

  • Fast settlement
  • Predictable transaction costs
  • Compliance-ready systems for institutions
  • Easy integration with financial apps

Developers building on Sui can now use USDsui as a base currency for payments, trading, lending, and other financial services. At launch, Sui Dollar is already available across several platforms in the ecosystem, including Slush, Aftermath, Alphalend, Bluefin, Cetus, DoubleUp, Ferra, NAVI, Pyth, Scallop, Suilend, and Turbos. The stablecoin can also work with other stablecoins created through Bridge’s Open Issuance platform.

Designed for Global Payments

One of the main goals of Sui Dollar is to make digital payments faster and easier around the world. Because it runs on the Sui blockchain, the stablecoin can support cross-border payments, remittances, and peer-to-peer transfers. The idea is to allow money to move online as easily as sending a message. Sui itself was created by a team that previously worked on Meta’s Diem and Libra payment projects, which aimed to build global digital money systems.

“The launch of Sui Dollar marks the beginning of Sui’s payments journey,” said Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs, the original contributors to Sui. “Through this collaboration with Bridge, a Stripe company, the Sui Dollar will unlock further utility in the Sui ecosystem for payments and real-world financial applications, including interoperability with other ecosystems.”

Built With Infrastructure for Large-Scale Use

According to the team, more than $111 billion in stablecoin transfers took place on the Sui network in January 2026 alone. Bridge says its Open Issuance platform helps networks launch stablecoins quickly without dealing with the usual complexity.

“Open Issuance eliminates the usual complexity and extended timelines associated with stablecoin deployment,” said Zach Abrams, Co-Founder and CEO of Bridge. “It’s designed exactly to enable platforms like Sui to launch their own stablecoins quickly and efficiently, and we’re excited to see what developers will build with the Sui Dollar.”  In the past year, institutions such as 21Shares, Bitwise, Canary Capital, Franklin Templeton, Grayscale, and VanEck have launched Sui-related investment products or announced initiatives linked to the ecosystem. Several large platforms, including Robinhood and Circle, have also integrated support for the Sui network.

SUI Price Action

The announcement also had an impact on the market price of the SUI token. Following the launch of USDsui, SUI rose around 8.8% in 24 hours to trade near $0.97, closely tracking Bitcoin’s broader rally in the crypto market. The new stablecoin introduces a potential economic loop for the ecosystem. Yield generated from the assets backing USDsui may be used for SUI token buybacks and incentives for DeFi platforms on the network.

In the short term, analysts are watching key price levels. If SUI holds above $0.92, it may attempt to break the $1.01 resistance level. A drop below support could push the price toward $0.908. For now, the launch of Sui Dollar provides a new financial tool for the ecosystem and could play a major role in how the network develops its global payments vision.

Also Read: Chainlink Connects Coinbase’s cbBTC to Monad DeFi via CCIP

Swatilakha Saha

Swati is a crypto writer and memer since her school days, deep into BTC, ETH, and everything web3. She’s ex-Shiba Inu, ex-CoinEx, and lives for crypto news, memes, and market chaos. She loves explaining complex web3 topics in simple everyday terms. Beyond journalism, she regularly dabbles in art and music. A runner-up in the All India Story Writing Competition and honored by Ruskin Bond himself, she is also an avid storyteller and poet at heart. With over a decade of firsthand experience witnessing crypto’s evolution, she brings both historical perspective and cultural insight into her work.