suiUSDe Stablecoin Backed by Ethena Launches on Sui with $10 Million Yield Vault

Odaily News The Ethena-backed suiUSDe has launched on the Sui mainnet, becoming the network's first "synthetic dollar" token. SUI Group has established a new suiUSDe yield vault on Bluefin's Ember Protocol, with an initial funding of $10 million. (CoinDesk)