Sui launches eSui Dollar, a synthetic dollar issued in collaboration with Ethena Labs.

PANews reported on February 11th that, according to an official announcement from Sui Network, the synthetic US dollar eSui Dollar (suiUSDe), issued in partnership with Ethena Labs, has been launched on the Sui mainnet, becoming the first synthetic US dollar asset to support DeepBook Margin. This integration will support margin trading, lending, and leverage strategies, promoting the expansion of Sui's on-chain financial infrastructure and helping institutions and retail investors unlock passive and active trading opportunities. The project is supported by ecosystem participants including SUI Group Holdings.

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