November 20, 2024 – Grand Cayman, Cayman Islands
FDUSD becomes the second native stablecoin on Sui following USDC’s landmark deployment in early October 2024.
Sui – the layer-one blockchain offering industry-leading performance and infinite horizontal scaling – and First Digital Labs – the creator of one of the world’s largest stablecoins, FDUSD – today announced that FDUSD is live on Sui.
FDUSD is the second multi-billion dollar market cap stablecoin to natively integrate with Sui in recent months, strengthening FDUSD’s position as a versatile and interoperable stablecoin while enhancing Sui’s burgeoning DeFi ecosystem where TVL (total value locked) is over $1.5 billion.
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With this integration, FDUSD’s multi-chain compatibility now extends to Sui, providing a genuinely interoperable stablecoin capable of driving DeFi applications
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