
Jakarta, Pintu News – Sui has announced the official launch of USDsui, a native stablecoin designed to improve the performance and scalability of its blockchain network.
The stablecoin will be issued as a US dollar-pegged stablecoin through Bridge’s Open Issuance platform. This provides an efficient and seamless method for developers to integrate stablecoin functionality into decentralized applications (dApps) on the Sui network.
USDsui will be a major player in the growing Sui ecosystem. This stablecoin has an important role to play in various financial activities as its main purpose is to facilitate real-world transactions of digital assets on the Sui network and beyond.
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Sui Foundation hopes to capitalize on the revenue earned through the use of stablecoins on the network with this new asset.
By migrating third-party stablecoin activity into USDsui, Sui will be able to retain most of its existing reserves, which will support its sustainability and ecosystem.
USDsui will be compatible with various types of decentralized finance applications and wallets, such as MetaMask, Phantom, and Hyperliquid. This interoperability allows users to use the stablecoin to transact not only on the Sui network, but also on other DeFi protocols.
This general compatibility increases the utility of stablecoins and their ability to be used in various blockchain applications.
For developers, USDsui offers high-quality, ready-to-use USDsui-based applications and economic development. The stablecoin can be easily deployed with just a click of a button by developers, thanks to Bridge’s Open Issuance platform powered by Sui’s performance.
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The price of SUI recently declined to $1.9915, registering a slight drop of 2%. This follows a period of steady trading, with several resistance levels at $3.00 and $5.00 yet to be broken by the price.
If the Sui price manages to break the $2.50 level, then the next target could be in the range of $3.00 or even $5.00, which signifies a potential upside of 144%. After the launch of USDsui’s native stablecoin, the overall Sui price projection looks bullish.

On the other hand, a drop below $1.90 could lead to further declines and test lower support areas.
The Moving Average Convergence Divergence (MACD) indicator shows that the current bearish trend is quite weak as the MACD line is below the signal line. In addition, the Relative Strength Index (RSI) stands at 34.47, which shows that SUI is already in the oversold zone, so there is a possibility of a bullish reversal if market sentiment changes.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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