ChainCatcher News: suiUSDe supported by Ethena is now live on the Sui mainnet. As the first “synthetic dollar” on the Sui network, suiUSDe is also the first synthetic dollar to support DeepBook Margin, expanding composable financial functions on Sui.
By integrating DeepBook Margin, suiUSDe can be used for margin trading, lending, and other DeFi processes. The launch of suiUSDe has received support from multiple ecosystem participants, including SUI Group Holdings. Currently, several ecosystem projects such as Abyss, Cetus, and Deeptrade will support DeepBook Margin trading. In the future, ecosystem projects including Aftermath, AlphaLend, Bluefin, Ember, Navi, Pyth, Scallop, and Suilend will also support suiUSDe, helping to advance Sui DeFi development.
Previously, Sui ecosystem DeFi project DeepBook announced the launch of leverage trading functionality Margin, introducing fully on-chain and composable leverage trading to Sui. Asset holders can earn passive income by providing liquidity to leverage trading pools, further promoting the development of DeepBook.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple CEO says Gary Gensler apologizes for the legal battle with crypto
Brad Garlinghouse, CEO of Ripple, revealed that former SEC Chairman Gary Gensler allegedly apologized to him regarding their lengthy legal battle. This exchange reportedly occurred during a digital asset policy meeting at the White House. Ripple challenged Gensler's enforcement strategy, winning a landmark ruling in 2023 that determined XRP is not a security. The legal dispute is expected to officially conclude in early 2025.
TapChiBitcoin6m ago
Aave controversy continues: Labs makes concessions by not forcing migration to v3, $42 million fund proposal leads in voting
Aave DAO is currently voting on a proposal to allocate up to $42 million to Aave Labs, with support votes slightly ahead. The proposal has sparked controversy, mainly because Aave Labs originally planned to force users to migrate to the new version. Critics argue that the funding request is too high and have suggested splitting the vote, but Aave Labs insists on an all-or-nothing vote.
GateNews6m ago
MoonPay Teams Up with M0 to Launch PYUSDx: PayPal USD Supports App Stablecoin
MoonPay and M0 launch the PYUSDx framework, allowing developers to quickly issue their own branded stablecoins, reducing deployment time to just a few days. This framework uses PayPal USD as the reserve asset and is issued by a subsidiary of MoonPay. The PYUSDx token is different from PYUSD, as it does not support PayPal transactions, aiming to expand PYUSD's market circulation and align with MoonPay's AI-driven financial infrastructure development.
MarketWhisper8m ago
USDT, Computing Power, and Agent: Tether's AI Financial System Experiment
Written by: Yokiiiya
A friend sent me a website a couple of days ago, which is a wallet development tool aimed at developers.
If you only think of Tether as a stablecoin company, this page might seem a bit "cross-industry." So I followed WDK further and found QVAC (local)
TechubNews26m ago
SIGN (Sign) increased by 20.12% in the past 24 hours
Gate News Update, February 28 — According to CoinMarketCap data, at the time of press, SIGN (Sign) is trading at $0.03, up 20.12% in the past 24 hours. The price reached a high of $0.03 and a low of $0.02. The current market capitalization is approximately $46.9 million, an increase of $7.85 million from yesterday.
Sign is an infrastructure platform dedicated to promoting blockchain-based national applications, with the slogan "Blockchain for nations. Crypto for all." The platform's core products include three main application systems: programmable currencies (CBDC and stablecoins), digital identity systems (verifiable credentials), and sovereign capital markets (RWA).
Sign has established strategic partnerships with several national governments. The Central Bank of Kyrgyzstan has collaborated with Sign to develop
GateNews31m ago
AINFT launches Bank of AI, now deeply integrated with five core components including x402
TRON Ecosystem AI Infrastructure AINFT Launches AI Agent New Infrastructure Bank of AI, integrating multiple core tools to simplify AI Agent development and identity verification, promoting the development of an AI-driven Web 4.0 symbiotic economic network.
GateNews55m ago
