Of course, red candles on the charts annoy investors, but it is also true that constructive laws regarding cryptocurrencies provide a solid foundation in the long run. Short-term fluctuations aside, continued growth is expected in the long term as the combination of crypto and finance represents the future. Of course, this growth is not valid for all crypto startups.
SUI Coin and Stripe
Hours later, the US government shutdown ends and the Supreme Court trump The decision he will make against him keeps everyone on edge. Although there is bad news for every good news, BTC continues its struggle to maintain six-digit levels. Cryptocurrency startups are also taking the necessary steps for their long-term growth.
Today the innovative financial giant Stripe Sui Foundation and its subsidiary Bridge stablecoins announced. A native stablecoin will be launched for the Sui network through the Open Issuance platform. Its name is USDsui and this new stablecoin will be supported by wallets, DeFi protocols and applications on Sui.
SUI Coin Future
The latest development, which we briefly explained in the introduction, is both SUI’s Stripe as well as partnership with GENIUS It is very important to have legal support with a compatible stablecoin. US Treasury Secretary Bessent says that stablecoins could reach a size of $3 trillion by 2030. The person who expressed this is not an ordinary person, he is both a good economics person and one of the most authoritative figures who has a say in the future of the US dollar.
This step taken by SUI will increase the liquidity in the network and enable the local stablecoin to grow and improve its capabilities in cooperation with corporate partners.
Adeniyi Abiodun, co-founder and product manager of Mysten Labs, said the following about the latest development;
“This landmark product launch on Bridge positions Sui as the driver of the next phase of onchain economic activities, connecting Sui’s local assets directly to global trade, fintech and traditional financial rails. We are building a self-sustaining, utility-driven ecosystem that supports real-world adoption of the stablecoin economy.”
To see what USDsui is aiming for Ripple 
$2.42‘of We can look at its RLUSD. They also launched their own stablecoins to better serve their corporate partners in payments and other matters. It is expected that other networks such as SUI will also follow this path and the growth rate of the market will increase as stablecoin alternatives increase.
