Sui Dollar Goes Live: Stripe-Backed Stablecoin Targets Global Payments

Sui Dollar (USDsui) is now live on Sui mainnet. Issued by Bridge, a Stripe company, this stablecoin targets global payments and DeFi.

The Sui ecosystem now has its own native digital dollar.

Sui Dollar (USDsui) went live on Sui mainnet on March 4, 2026. It is issued by Bridge, a company under Stripe.

The Sui Foundation announced the launch through a blog post, calling it a major step forward for scalable finance and global payments on the Sui network.

What Is Sui Dollar and Who Is Behind It

Bridge built Sui Dollar using its Open Issuance platform. 

The platform handles stablecoin deployment without dropping enterprise-grade compliance controls. According to the announcement, this allowed Sui Dollar to launch quickly while keeping the infrastructure solid from day one.

Bridge co-founder and CEO Zach Abrams said the Open Issuance platform removes the usual complexity tied to stablecoin deployment. He noted the platform was built for use cases like Sui. The goal, he added, is to let developers build quickly and efficiently.

Sui was originally built by the core team behind Meta’s Diem and Libra projects. The network was for fixing the performance and scalability gaps that held back earlier blockchain payment systems.

Sui Dollar continues that mission by combining Bridge’s issuance infrastructure with Sui’s high-speed network. 

USDsui Access Across DeFi Apps and Wallets at Launch

Sui Dollar is already accessible across a wide range of platforms.

At launch, it is live on wallets, DeFi protocols, and apps built on Sui. These include Slush, Aftermath, Alphalend, Bluefin, Cetus, DoubleUp, Ferra, NAVI, Pyth, Scallop, Suilend, and Turbos.

Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs, the original Sui contributors, welcomed the launch.

He said the Sui Dollar will unlock more utility for payments and real-world financial apps within the Sui ecosystem. He also pointed to cross-ecosystem interoperability as a key benefit.

The stablecoin will also work with other Bridge-powered stablecoins. That makes it part of a broader Open Issuance ecosystem, not just a standalone Sui product.

Builders on Sui now have a native dollar that can move across different platforms.

Related Reading: Sui Unveils Bold “Sui Bank” Vision to Attract Wall Street Capital

Sui Stablecoin Volume and Growing Institutional Activity

The Sui Foundation noted the network already processed over $111 billion in stablecoin transfer volume in January 2026 alone.

That figure positions Sui as one of the more active stablecoin networks in the industry. Sui Dollar steps into a network already moving real money at scale.

Institutional names have been moving into the Sui ecosystem over the past year.

According to the Sui Foundation’s post, firms including 21shares, Bitwise, Canary Capital, Franklin Templeton, Grayscale, and VanEck have launched Sui-linked products or announced strategic moves within the network.

Three spot ETFs launched in late February 2026.

Major retail platforms have also joined in. Robinhood and Circle have both integrated Sui into their offerings. With Sui Dollar now live, the network has a native dollar to support both institutional flows and retail use cases across borders.

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