SUI Treasury Firm to Launch Stablecoins Despite Legal Concerns

Sui. Photo by BeInCrypto One SUI treasury is making an ambitious gamble, launching two stablecoins based on the token's blockchain. SUI Group has partnered with Ethena Labs to release these tokens by the end of 2025. The firm plans to add utility to SUI's blockchain, providing a possible new use case for altcoin DATs everywhere. However, extreme regulatory and market pressures could collapse the project entirely. SUI Treasury Launches Stablecoins In July, Mill City Ventures made headlines by rebranding ...