Route 2 FI
Route 2 FI
SUI+2.47%
$SUI to launch two new stablecoins. 1. suiUSDe will be a Sui-native version of USDe, and will be collateralized by USDe, with delta-hedged SUI being added to USDe's backing subject to Ethena governance 2. USDi will be entirely backed by USDtb, which itself is backed by Blackrock BUIDL. By allowing SUI-based delta-hedged collateral to be added to USDe's backing, Sui extends utility and liquidity for its native token, integrates with one of the fastest-growing synthetic stablecoins. Looks bullish to me.
Sui
Sui
The countdown begins for suiUSDe arriving on Sui. Powered by Sui, @officialSUIG, @ethena_labs, Sui's first income-generating digital dollar native to a non-EVM chain is coming to Sui ⚡️ Sui and @officialSUIG wil use its revenue to purchase more SUI on the open market.
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