Sui Dollar ($USDsui), the native stablecoin of the Sui blockchain, is now available for trading on the Bullish exchange in eligible regions. Issued by Bridge, a company owned by Stripe, this USD-pegged stablecoin launched on March 4, 2026 with a circulating supply of approximately 78.5 million tokens and a market capitalization near $78 to $79 million. Unlike traditional stablecoins, the yield generated by its reserves is directed toward SUI token buybacks and liquidity incentives on Sui rather than flowing only to the issuer. USDsui is already integrated into several DeFi applications on Sui, including Cetus, Bluefin and Turbos Finance, and ranks as the second-largest stablecoin on the chain, behind USDC.
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