Sui Group to Roll Out Yield and Non-Yield Stablecoins on Sui Network

Get ready for more stablecoin options. A new report states that Sui Group Holdings is launching two dollar-pegged tokens on the Sui blockchain.

The Nasdaq-listed firm will issue a yield-paying stablecoin, suiUSDe, and a standard one, USDi, through a partnership with Ethena. The tokens are expected to go live before the end of the year.

This expansion comes as Sui Group continues to amass SUI tokens, with its holdings now exceeding $300 million, solidifying its central role in the growing Sui ecosystem.