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December 3, 2025, San Francisco / Singapore
In a move that could reshape the $170 billion stablecoin market, the Sui blockchain has officially launched USDsui, a fully fiat-backed, yield-generating digital dollar issued through Bridge (the stablecoin infrastructure platform acquired by Stripe for $1.1 billion in February 2025).
The launch marks the first major deployment under the newly enacted U.S. GENIUS Act, a bipartisan stablecoin framework signed into law by President Trump in July 2025 that finally gives non-bank issuers a clear federal path to market.
Key Takeaways
- Revenue stays home: Sui captured $412 billion in stablecoin transfer volume between August and September 2025 alone, most of that fee and interest revenue previously left the network. USDsui changes that permanently.
- Regulatory superpower: Built from day one to be GENIUS Act-compliant, giving it a clear edge for U.S. institutions, payment processors, and exchanges.
- Earn while you spend: Interest from reserves is shared with the ecosystem rather than flowing to a single issuer.
- Instant interoperability: Native support in Phantom, MetaMask, OKX Wallet, and upcoming integrations with Hyperliquid, Coinbase Wallet, and traditional fintech apps via Bridge.
- Real-world focus: Sub-second finality and near-zero fees make USDsui ideal for gaming microtransactions, remittances, e-commerce checkouts, and AI-agent economies.
What Makes USDsui Different
Unlike USDC or USDT, which route billions in annual interest revenue back to Circle and Tether respectively, USDsui is designed to keep that yield inside the Sui ecosystem.
“Every basis point of interest earned on USDsui reserves will be programmatically reinvested into ecosystem growth initiatives,” said Evan Cheng, co-founder and CEO of Mysten Labs, the core contributor behind Sui. “This is the first time a high-performance Layer-1 has full economic alignment with its stablecoin.”
Reserves are held 1:1 in cash and short-term U.S. Treasuries by regulated custodians, with real-time attestations published on-chain.
The Stripe Connection
Bridge’s Open Issuance platform, now powering USDsui, was purpose-built to let any network launch a regulated, yield-enabled stablecoin in weeks instead of years.
“Bridge removes the complexity of reserve management, compliance reporting, and global distribution,” said Zach Abrams, CEO of Bridge. “Sui is the perfect first partner: massive existing volume, best-in-class performance, and a team that moves lightning fast.”
Market Reaction & Outlook
The SUI token is trading at approximately $2.02 at press time, up 1.9% in the past 24 hours on the announcement.
Analysts expect USDsui to rapidly climb the stablecoin market-cap rankings, especially as institutional on-ramps (including Stripe’s own fiat-to-crypto widgets) begin routing volume to the new asset.
“Sui just turned the stablecoin business model on its head,” said Ryan Watkins, co-founder of Syncracy Capital. “If you’re a Layer-1 processing hundreds of billions in stablecoin volume and not issuing your own dollar, you’re leaving tens of millions on the table every quarter.”
Conclusion
Sui’s launch of USDsui is more than a new stablecoin, it’s a declaration of economic independence for high-performance blockchains in the post-GENIUS Act era.
By combining Stripe-grade infrastructure, federal regulatory clarity, and a yield-generating model that keeps billions in interest at home, Sui has built the first digital dollar truly optimized for real-world scale: instant, cheap, compliant, and profitable for its own ecosystem.
As institutions, payment giants, and everyday users begin routing volume to USDsui, the implications are clear: 2025 will be remembered as the year Layer-1 networks stopped subsidizing third-party issuers and started owning the dollar rails themselves.
For Sui, the stablecoin wars just turned into a home game, and they now hold every advantage.
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FAQs:
1. What exactly is USDsui?
USDsui is Sui’s native fiat-backed stablecoin, pegged 1:1 to the U.S. dollar and issued through Bridge (Stripe). Reserves are held in cash and U.S. Treasuries, with interest programmatically shared back into the Sui ecosystem instead of going to a third-party issuer.
2. Is USDsui compliant with U.S. regulations?
Yes, it is one of the first stablecoins explicitly designed to meet the requirements of the GENIUS Act (2025), the new federal framework for payment stablecoins. This gives it a clear regulatory moat for U.S. adoption.
3. How do users earn yield with USDsui?
You don’t earn yield directly in your wallet (yet), but all interest generated from reserves flows back into ecosystem incentives, liquidity programs, grants, staking rewards, and network upgrades, creating indirect upside for SUI holders and users.
4. Which wallets already support USDsui?
At launch: Phantom, MetaMask, OKX Wallet, Nightly, Sui Wallet, and Ethos. Coinbase Wallet and Trust Wallet integrations are confirmed for Q1 2026.
5. Why did Sui launch its own stablecoin now?
Sui processed over $412 billion in stablecoin transfers in a single recent quarter, almost all of it USDC and USDT. By issuing USDsui, Sui captures the economics of that volume (interest + fees) while offering users faster finality, lower costs, and future yield-sharing features.
