First Digital’s FDUSD Stablecoin is Officially Live on Sui
Grand Cayman, Cayman Islands, November 20th, 2024, Chainwire FDUSD becomes the second native stablecoin on Sui following USDC’s landmark deployment in early October Sui , the Layer 1 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 is over $1.5B. With this integration, FDUSD’s multi-chain compatibility now extends to Sui, providing a genuinely interoperable stablecoin capable of driving DeFi applications across countless additional platforms. By leveraging Sui’s high-performance network combined with its own powerful architecture, FDUSD enables breakthrough use cases that enhance speed