SUI Group collaborates with Ethena to launch two stablecoins
According to Jinse Finance, Yueqi Yang, a crypto reporter at The Information, revealed that the Nasdaq-listed crypto treasury company SUI Group is issuing two types of stablecoins, becoming the first digital asset tool company to launch stablecoins. The company is collaborating with Ethena to issue these stablecoins, aiming to reduce the Sui ecosystem's reliance on USDC from Circle.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
An address holds about 20.8 million ZC, currently valued at approximately $316,000.
Rocket Mortgage Adopts VantageScore 4.0 as Preferred Credit Scoring Model for Certain Loan Products
UK 10-Year Bonds Auction Today: May Hammer at 5.41%, Auction Yield Could Hit Highest Level Since 1999
The yield on UK 10-year government bonds has reached 5.41%, the highest level in 19 years, and the £4.25 billion auction cost is the highest since 1999.
