▲ 12 r/sui
What to watch out for on SUI ecosystem development.
What I found interesting about SUI is its native stable coin USDsui. The Slush wallet is already allow you to buy USDSui directly from a bank ACH that cost you nothing. This is the stable coin that can gain a lot of liquidity in the coming year since its launch earlier this year. The infrastructure for African to onboard directly to a USD peg stable coin is big. Plus Stripe integration with merchants for payment. This is big when you can bypass CEX like Coinbase and directly onboard to a native stable coin on SUI. USDsui also gets boosted yield in lending pool because the yield from holding SU bonds goes right back to the ecosystem. So you can get a 8-9% yield just parking cash in USDsui.
u/Fxiaus — 3 days ago