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The SuiUSDe stablecoin supported by Ethena is now live on Sui and has launched a $10 million yield treasury.
Mars Finance reports that suiUSDe supported by Ethena 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 injection of 10 million USD.