X @Wu Blockchain

Stablecoin Initiative - SUI Group, a Nasdaq-listed company focused on acquiring and holding Sui cryptocurrency, plans to launch two stablecoins [1] - SUI Group will partner with Ethena for the stablecoin issuance [1] - The initiative aims to reduce the Sui ecosystem's dependence on Circle's USDC [1] Industry Impact - SUI Group is positioned to be the first digital asset treasury stock to enter the stablecoin sector [1]