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Sui blockchain launches USDsui, a native stablecoin sharing reserve yield with the network, challenging USDC and USDT models.

Protocol Fundamentals
28 May 2026
Crypto news
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Bullish
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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.

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