SUI Group Holdings Limited has expanded its digital asset footprint with the launch of suiUSDe and USDi. The company announced the initiative in partnership with Ethena, the synthetic dollar protocol, and the Sui Foundation. The move, first revealed at TOKEN2049, marks a major step for the $30 billion Sui Network.
The launch introduces suiUSDe, a synthetic dollar native to Sui, and USDi, a stablecoin backed by BlackRock’s BUIDL tokenized money market fund. The two tokens will strengthen liquidity across the $30 billion Sui Network. Ethena Labs confirmed on X that the assets will go live in Q4 2025, embedding stablecoin-as-a-service directly into Sui’s ecosystem.
Expanding DeFi and Payments on Sui
According to the announcement, Ethena has made USDe one of the largest USD-based digital assets, with over $14.8 billion in total value locked. Using this technology, SUI Group became the first publicly traded digital asset treasury to launch its own stablecoins. Additionally, this approach creates a new way to combine on-chain stablecoin issuance with access to public markets.
Besides supporting DeFi, the initiative boosts SUI Group’s financial position. A share of net revenue from the reserves will flow back into the company’s treasury. Consequently, the balance sheet strengthens while simultaneously driving utility within the Sui ecosystem.
Strategic Impact and Market Positioning
The project highlights capital efficiency as the tokens were launched at minimal cost to SUI Group. Additionally, it showcases Sui as the first non-EVM chain to host a native high-yield stablecoin. Hence, users benefit from low-cost, high-speed transactions integrated across decentralized applications and payment systems.
“With the launch of suiUSDe and USDi, SUI Group is evolving beyond a traditional DAT company to become an infrastructure builder,” said Chairman Marius Barnett. He emphasized the vision of creating a next-generation “SUI Bank” as a liquidity hub for the blockchain.
The tokens are expected to drive adoption and open new revenue streams tied to transaction flow and stablecoin demand.
Sui now has a chance to become a home for digital currency, while SUI Group strengthens its position in the stablecoin race.
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