One of these stablecoins will pay yields to your holders; The other is not.
This novelty favors Sui, which rose about 10% in a week.
Sui Group, a company that is quoted at Nasdaq, announced its plans to launch two stablecoins on the main network of Sui.
One of them, Suiusde, will generate yields for its headlines, while the other, USDI, will not offer rewards.
To broadcast both stablecoins, Sui Group will be associated with the Ethena organization. New currencies are expected to be available at the end of this year, according to the news site The Information.
Promoted by this news and by the general optimism that reigns in the cryptocurrency market, The price of Sui (SUI) went from 3.22 to $ 3.56 in the last 7 dayswhich represents an increase of 10.5%, as observed in the following graph:
It should be noted that Sui Group is a company specialized in non -bank loans whose name was Mill City Ventures. On August 25, the firm reported that the brand change was driven to demonstrate the commitment to the development of its corporate treasury of Sui.
In July 2025, the company made A private placement to raise 450 million dollars, aimed at financing the purchases of sui tokensas Cryptonoticia reported.