Stripe-Owned Bridge Launches USDsui Stablecoin on Sui Mainnet

Stripe-Owned Bridge Launches USDsui Stablecoin on Sui Mainnet

N
News Editor 01
2026-07-23 15:50:16
Bridge, owned by Stripe, has rolled out USDsui on Sui mainnet, adding a native stablecoin tied into wallets, DeFi protocols, and apps across the Sui ecosystem.
StripeBridgeSuistablecoinDeFi

Bridge, the Stripe-owned company, has launched Sui Dollar (USDsui) on the Sui mainnet, bringing a digital dollar designed for global payments and scalable financial activity into the network. The stablecoin was first unveiled in late 2025 and has now gone live through Bridge’s Open Issuance platform, with Bridge, Mysten Labs, and the wider Sui ecosystem involved in the rollout.

USDsui goes live as a native Sui stablecoin

According to the announcement, USDsui now operates as a native stablecoin inside the Sui blockchain environment. Bridge issued the asset through its Open Issuance platform, and the launch started with support across a range of Sui-based wallets, DeFi protocols, and applications, including Slush, Aftermath, Alphalend, Bluefin, Cetus, DoubleUp, Ferra, NAVI, Pyth, Scallop, Suilend, and Turbos.

Bridge also said USDsui connects with other digital assets issued through the Open Issuance ecosystem. That setup allows Bridge-backed stablecoins to interact across linked financial platforms, extending how payments and liquidity can move between products built on connected rails. It is a broad starting footprint.

Payments, onchain liquidity, and cross-platform interoperability

The launch is framed as more than a token listing. Bridge said USDsui links wallets, DeFi protocols, and apps so payments and liquidity can work in an interoperable way inside its Open Issuance network. The company also introduced infrastructure aimed at institutions and developers, connecting onchain liquidity with payment systems used for cross-border transfers and peer-to-peer transactions.

That direction fits Sui’s own technical background. The network’s architecture traces back to engineers who worked on Meta’s Diem and Libra efforts, and Sui was built to address limits in earlier blockchain payment infrastructure, especially around performance and scalability.

Institutional activity around Sui keeps expanding

Sui had already processed large stablecoin volumes before this launch. The network recorded more than $111 billion in stablecoin transfer volume in January 2026, according to the source material. With USDsui now live, Sui adds another programmable digital dollar that can be used by developers, institutions, and end users building blockchain-based financial services.

Institutional interest in Sui has also been building in recent months. The article lists 21Shares, Bitwise, Canary Capital, Franklin Templeton, Grayscale Investments, and VanEck as firms that have introduced Sui-related initiatives. It also notes that several Sui-linked exchange-traded funds appeared in February, while Robinhood and Circle have integrated Sui into their offerings.

Bridge CEO Zach Abrams said Open Issuance supports stablecoin deployment with enterprise-level controls and cuts the complexity and time usually tied to launching such assets. Adeniyi Abiodun, co-founder and chief product officer at Mysten Labs, said the stablecoin adds new payment and financial use cases inside the Sui ecosystem.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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