The Ethena-backed suiUSDe stablecoin launches on Sui with a $10 million yield vault.
According to Odaily, suiUSDe, supported by Ethena, has been launched on the Sui mainnet, becoming the network's first "synthetic dollar" token. The SUI Group has established a new suiUSDe yield vault on the Ember Protocol of a certain exchange, injecting $10 million.
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