Sui Foundation Launches Native Stablecoin Amid Rising Interest in DeFi

The launch of SUI Dollar by the Sui Foundation marks a significant milestone in the development of decentralized finance (DeFi) infrastructure. The stablecoin was issued through Bridge, a subsidiary of Stripe, using its Open Issuance platform with enterprise-grade compliance controls built in from day one.

The Sui network has already processed over $111 billion in stablecoin transfer volume in January 2026 alone, and the introduction of SUI Dollar is expected to keep this activity within the ecosystem. Institutional investors such as Franklin Templeton, Grayscale, and VanEck have established Sui-linked products in recent months.

Bitcoin has also been on the rise, crossing $68,000 as spot Bitcoin ETFs recorded $700 million in inflows across March 4 and 5, according to CoinDesk. This development is seen as a sign that institutional capital is re-entering the market.