Overview
- Sui Foundation announced and deployed USDsui on Bridge’s Open Issuance platform, presenting the asset as U.S.-compliant and built for on-chain use across the network.
- USDsui is engineered to interoperate with Bridge-powered stablecoins from platforms such as Phantom, Hyperliquid and MetaMask, with support for wallets, DeFi, gaming and payments.
- Sui cites roughly $400–$412 billion in stablecoin transfers between August and September as the demand signal for a native dollar asset.
- Bridge’s design enables a share of interest from backing reserves to flow to Sui, with reserves managed through custodians named in Stripe materials including BlackRock, Fidelity and Superstate.
- Bridge is a Stripe-owned company following a reported $1.1 billion acquisition in February 2025, signaling traditional finance infrastructure and distribution behind USDsui.