- SUI Foundation announced a USDsui stablecoin to bolster on-chain liquidity sustainability and real-world payment utility for users.
- SUI network processed a combined $412 billion in stablecoin transfer volume between August and September 2025, accentuating a clear demand and readiness for a native solution.
- The SUI coin price is just 5% short of retesting the support trendline of a symmetrical triangle pattern in the daily chart.
On Wednesday, November 12th, SUI Foundation unveiled its new native stablecoin, USDsui, using the Bridge’s open issuance. Poised for a potential launch later this year, this fully interoperable stablecoin is designed to serve as a multi-purpose digital dollar across the SUI ecosystem. Despite the announcement, the SUI price tanks nearly 2% during U.S. market hours and projects another breakdown below the $2 psychological level.
Sui Network to Deploy USDsui Stablecoin Later This Year
The Sui blockchain network is set to launch USDsui, a new stablecoin built using Bridge’s Open Issuance, highlighting a major leap in the growth of SUI’s on-chain infrastructure. USDsui, as a native digital dollar, will function as a core payment and liquidity instrument within the SUI environment, supporting Defi applications, trading platforms, and consumer-facing tools built on the network.
The stablecoin built specifically for Sui’s architecture will be able to perform seamless cross-border payments, remittances, and peer-to-peer transfers. The token will be circulating as a base asset throughout Sui’s decentralized finance network and also connect to Bridge-issued stablecoins on other platforms, such as Phantom, MetaMask, and Hyperliquid, enabling multi-platform interoperability.
“This landmark product launch on Bridge connects Sui’s native assets directly to global commerce, fintech, and traditional financial rails, establishing Sui as the driver of the next phase of on-chain economic activity. We are building a self-sustaining, utility-driven ecosystem where stablecoin economics fuels real-world adoption,” said Adeniyi Abiodun, co-founder and Chief Product Officer at Mysten Labs, the original contributor to Sui.
Bridge’s issuance model enables the onboarding of USDsui stablecoin with pre-installed enterprise solutions, as well as the provision of scalability for cross-border transfers, on-chain payments, and peer-to-peer transactions. The asset is designed to comply with the forthcoming GENIUS Act when it is effective
For developers, USDsui stablecoin presents a ready-to-integrate option that supports applications that use Sui’s core liquidity protocol, Deepbook, and emerging gaming economies, such as the expected EVE Frontier title. The architecture of the asset is designed to make the stablecoin deployment more accessible for projects that are built directly on Sui’s network.
According to the shared press release, any revenue that flows into SUI will be reinvested to finance further growth ventures and investment programs, making this stablecoin a key financial tool for SUI’s development.
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SUI Price To Extend Correction Within Triangle
With an intraday loss of over 2%, the SUIS price is inching closer to a long-standing support of a symmetric triangle pattern. Since October 2024, this chart setup has been driving a steady sideways trend as the coin price continues to resonate within its two converging trendlines.
For Sui traders, the potential retest would mark a crucial pivot moment for the price to determine its short-term to mid-term trajectory. Historically, the bottom trendline has acted as a major accumulation zone for buyers, as the following reversal secured 150-200% growth during the previous cycles.
Therefore, if the buyers were able to defend this support, the coin could project another reversal opportunity in the daily chart and bolster a rebound to the $3 mark.
On the contrary, if the coin price breaks below the bottom trendline, the selling pressure would accelerate and drive a prolonged correction towards $1.5 psychological support.
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