Ethena Brings Dollar Assets to Sui With suiUSDe and USDi Launch

TLDR: Ethena Labs will launch suiUSDe and USDi on Sui Network in Q4, offering native digital dollars to power DeFi and payments. suiUSDe will be backed by USDe with delta-hedged SUI, while USDi will be fully collateralized by USDtb linked to BlackRock BUIDL. Ethena’s Whitelabel service enables fast deployment of dollar assets on top-performing chains, [...]

The post Ethena Brings Dollar Assets to Sui With suiUSDe and USDi Launch appeared first on Blockonomi.