Ethena’s suiUSDe Goes Live on Sui as First Non-EVM Yield Stable Asset
The Ethena-backed suiUSDe synthetic dollar has officially launched on the Sui mainnet, marking the first time a non-EVM network has hosted a native, income-generating stable asset powered by Ethena’s infrastructure. The rollout positions Sui as an early adopter of synthetic dollar mechanisms outside the Ethereum Virtual Machine ecosystem.
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