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Foresight News
Foresight News|Oct 02, 2025 01:30
[Sui Partners with Listed Company SUIG to Launch Synthetic Dollar suiUSDe] Foresight News reports that Sui announced its collaboration with Nasdaq-listed treasury management company SUI Group Holdings Limited to launch suiUSDe. This is a proprietary synthetic dollar token natively supported by Sui, with technical backing from Ethena. suiUSDe will be backed by a combination of various digital assets and corresponding short futures positions. In addition to suiUSDe, a new stablecoin called USDi, backed by the tokenized BlackRock USD Institutional Digital Liquidity Fund (BUIDL), is also set to launch on the Sui platform later this year.
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Timeline

Oct 31, 16:17This week's newsletter covers multiple technological advancements.
Oct 31, 12:51XRP may become the next cryptocurrency ETF
Oct 31, 12:37Canary Capital plans to launch the first U.S. spot XRP ETF
Oct 31, 10:12MetYa announces a brand upgrade and will launch a new token MY
Oct 31, 09:00Western Union files trademark application to launch a crypto wallet
Oct 31, 06:09Western Union applies for the 'WAmericaD' trademark to expand crypto services
Oct 31, 06:00DBS collaborates with Goldman Sachs to launch Bitcoin and Ethereum options trading
Oct 31, 05:10Animoca Brands has pledged 20 million KARRAT tokens to Studio Chain.
Oct 31, 04:16Buidlpad launches a new platform, Vibe, focusing on early-stage project financing
Oct 31, 01:06Strategy Q3 net profit reached $2.8 billion

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