Sui’s native stablecoin goes live with promise of Treasury yield going back to the network

Sui's native stablecoin, the Sui Dollar, has officially launched through stablecoin firm Bridge. The stablecoin was first announced toward the end of last year and promises to return Treasury yields back to the Sui network.

• →Sui Dollar stablecoin has officially gone live on the Sui network through Bridge.
• →The stablecoin was initially announced in late 2023.
• →Treasury yields generated from the stablecoin will be directed back to the Sui network.
• →Bridge is the issuing firm behind the Sui Dollar implementation.