On March 4, 2026, the Sui blockchain launched USDsui, a US dollar stablecoin issued by Bridge via its Open Issuance platform. Unlike traditional stablecoins like USDC and USDT, USDsui redirects reserve yield back to the Sui network through SUI token buybacks and DeFi liquidity, rather than to the issuer. This model aligns economic incentives with the blockchain infrastructure, potentially reshaping stablecoin economics if USDsui gains market share. The success of USDsui will depend on adoption within Sui's existing $1 trillion stablecoin transfer volume and whether other Layer-1 blockchains follow suit with similar native stablecoin strategies.
The SUI cryptocurrency token fell 5.42% within four hours to $1.20 on September 28, extending a recent short-term price decline. Despite this drop, SUI remained up 2.71% compared to 24 hours earlier, showing some resilience. During the same period, l...
Between September 29 and October 2, seven crypto token unlock events will release approximately $174 million worth of assets into circulation. The largest unlock is DoubleZero's 2Z token on October 2, releasing about 1.66 billion tokens valued at $11...
The cryptocurrency SUI increased from $1.20 to $1.25 within an hour, marking a 3.96% rise as of early Sept. 27. Over the past 24 hours, the token's price climbed 7.25%, driven by significant short liquidations totaling $580,000 across Binance, Bybit,...
The SUI cryptocurrency token increased by 3.22% within one hour to reach a price of $1.21 as of early September 27, extending its 24-hour gain to 4.41%. This price movement was recorded on Binance’s spot market for SUI/USDT. SUI currently ranks 27th ...
The SUI token surged 16.59% in a day alongside a 94.28% increase in trading volume to $1.73 billion, signaling strong market interest. This price recovery was supported by robust network activity, including 125,038 active addresses and 41.44 million ...
