Crypto asset manager Bitwise has launched an RWA yield vault called PAPY on Morpho, a DeFi lending protocol built on Ethereum. According to Techub, citing Cointelegraph, the product generates yield by lending AUSDi deposits against overcollateralized tokenized real-world assets. The launch ties traditional financial assets to DeFi lending infrastructure through a structure aimed at onchain yield generation. Bitwise is described as a U.S. crypto asset management firm that operates multiple cryptocurrency index funds and ETF products, while Morpho provides a modular lending framework that lets users create custom lending markets. The report says the collaboration is designed to offer institutional investors a compliant route to earn yield onchain.

Oil climbed above $100 a barrel after the Strait closure, while USDi launched with a model tied to US CPI instead of a fixed dollar peg, aiming to preserve purchasing power rather than just nominal value.

SUI Group has partnered with Ethena and the Sui Foundation to launch suiUSDe and USDi, the first native stablecoins on Sui, with a targeted rollout by the end of 2025.

SUI Group, alongside Ethena and the Sui Foundation, announced the launch of suiUSDe and USDi, the first native stablecoins on the Sui blockchain. Expected by end of 2025, these yield-bearing digital dollars aim to bridge onchain liquidity and public markets, backed by BlackRock's BUIDL fund for USDi.

SUI Group, Ethena, and the Sui Foundation plan to launch suiUSDe and USDi, the first native stablecoins on Sui, aiming to expand onchain liquidity and connect blockchain finance with public markets.

SUI Group Holdings, Ethena, and the Sui Foundation have partnered to launch suiUSDe and USDi, the first native stablecoins on the Sui blockchain. Expected by end of 2025, these yield-bearing stablecoins are backed by Blackrock's BUIDL fund, positioning Sui as the first non-EVM network with native yield-bearing stablecoins.

SUI Group, Ethena, and the Sui Foundation collaborate to issue suiUSDe and USDi—the first native stablecoins on Sui blockchain, backed by Blackrock's BUIDL fund, expected live by end of 2025.