Deployments · Open Issuance · platform by Bridge
Sui Dollar (USDsui) stablecoinNew
A US dollar stablecoin for the Sui network, issued by Bridge on its Open Issuance platform and backed by cash and US Treasury reserves. Announced in November 2025 and live on Sui mainnet since March 2026, it is available in Sui wallets and DeFi apps and swaps one for one with other Bridge-issued coins; revenue from the reserves goes back into the Sui ecosystem. About $78 million was in circulation in October 2026.
AnnouncedProof of conceptPilotLive (limited)Live (scaled)
Live (limited) since 4 Mar 2026[2] · Reviewed 21d ago
- Assets
- Use cases
- Primary issuance[1][4]Payments[2]
- Jurisdictions
- United States
Participants
- BridgeIssuer, Platform provider[2][4][3][5]United States
- StripeInvestor[2]United States
- BlackRockAsset manager[6]United States
- Fidelity InvestmentsAsset manager[6]United States
- SuperstateAsset manager[6]United States
Likely relevant regulation
- US federal banking agencies' framework for bank crypto-asset, stablecoin and tokenisation activitiesUnited States
- GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act)United States
Assets
Metrics
- ~$77.54mTokens in circulation · as of 18 Oct 2026 · on Sui[1][4]On-chain via DefiLlama; Bridge's page gives the same total.
- ~$73.96mSupply on chain (daily) · as of 7 Nov 2026[7]Automated daily reading of on-chain supply across all chains.
- ~$73.96mSupply on chain (daily) · as of 7 Nov 2026 · on Sui[7]Automated daily reading.
Timeline
- Happened 4 Mar 2026 · Launch · recorded 18 Oct 2026USDsui goes live on Sui mainnet, available in Sui wallets and DeFi apps at launch.[2]
- Happened 12 Nov 2025 · Announcement · recorded 18 Oct 2026Sui announces USDsui, to be issued by Bridge on Open Issuance and intended to comply with the GENIUS Act.[3]
Sources
- [1]Sui Dollar stablecoin data (API) — DefiLlama, 18 Oct 2026. Accessed 18 Oct 2026.A
- [2]Sui Dollar (USDsui) Now Live on Sui, Bringing a Native Digital Dollar to Scalable Finance and Global Payments — Sui, 4 Mar 2026. Accessed 18 Oct 2026.B
- [3]Sui Unveils USDsui, a Native Stablecoin for the Sui Ecosystem, Issued by Bridge, a Stripe Company — Sui, 12 Nov 2025. Accessed 18 Oct 2026.B
- [4]Open Issuance Transparency | Bridge — Bridge. Accessed 18 Oct 2026. Issuer's transparency page for Open Issuance stablecoins: contracts per chain, circulating supply and reserves, read 18 Oct 2026..B
- [5]Introducing Open Issuance from Bridge: A new platform to launch your own stablecoin — Stripe, 30 Sep 2025. Accessed 18 Oct 2026.B
- [6]USDsui explained: why Sui is betting on a native stablecoin — crypto.news, 12 May 2026. Accessed 6 Nov 2026.C
- [7]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A
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