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SUI Group partners with Ethena to launch two stablecoins

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2025-10-01 20:37:08
Nasdaq-listed crypto treasury company SUI Group is launching two stablecoins, becoming the first digital asset vehicle company to launch a stablecoin, according to The Information crypto journalist Yueqi Yang. The company is launching a stablecoin in partnership with Ethena, aiming to reduce the Sui ecosystem's reliance on Circle's USDC.
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