SUI Group Launches First Native Stablecoins on Sui Blockchain in Industry-First Collaboration

SUI Group Holdings (Nasdaq: SUIG) has unveiled suiUSDe and USDi, the first stablecoins native to the Sui blockchain, marking a strategic push into digital asset liquidity. The initiative combines forces with Ethena's synthetic dollar protocol and the Sui Foundation's high-performance LAYER 1 infrastructure.

The partnership bridges institutional treasury management with onchain yield opportunities, positioning sui Group as an early public-market conduit for stablecoin adoption. Marius Barnett, Chairman of SUI Group, emphasized the venture's role in merging traditional finance with blockchain-native liquidity solutions.

Designed to enhance capital efficiency within the Sui ecosystem, the stablecoins leverage Ethena's experience in dollar-pegged assets and Sui's scalable settlement layer. The MOVE signals growing institutional recognition of blockchain's role in reshaping global liquidity pools.