Sui and Stripe's Bridge Launch Yield-Bearing USDsui Stablecoin to Boost Ecosystem

The Sui Network, in partnership with Stripe's subsidiary Bridge, announced the launch of USDsui, a yield-bearing stablecoin, on November 12, 2025. Built using Bridge's Open Issuance platform, USDsui is designed to be fiat-backed, GENIUS Act-compliant, and optimized for Sui's high-performance architecture. It aims to serve as a foundational asset for payments, DeFi, and real-world use cases across the network.

Bridge, acquired by Stripe for $1.1 billion in February 2025, provides enterprise-grade infrastructure, blending traditional finance legitimacy with blockchain innovation. This move allows Sui to capture stablecoin revenues internally, rather than relying on external issuers like Circle (USDC) or Tether (USDT). Notably, Sui processed $412 billion in stablecoin transfer volume between August and September 2025, justifying the native approach to retain fees for ecosystem growth.

USDsui will be interoperable with other Bridge-powered stablecoins on major platforms such as Phantom, Hyperliquid, and MetaMask. Adeniyi Abiodun, co-founder of Mysten Labs, emphasized that this launch "connects Sui’s native assets directly to global commerce, fintech, and traditional financial rails." Zach Abrams, Bridge CEO, highlighted that Open Issuance streamlines deployment, enabling rapid and efficient stablecoin launches.

The stablecoin is expected to go live later in 2025, with automatic access for wallets, DeFi protocols, and applications on Sui. This development reflects a broader industry trend of layer-1 blockchains launching native stablecoins to control dollar infrastructure and enhance economic sustainability.