SUI News Today: The Battle for Dominance in Stablecoins: Advancements and Oversight Compete for Supremacy

The stablecoin sector in the crypto world is experiencing major changes, sparked by Stripe’s acquisition of Bridge and the

Foundation’s introduction of USDsui, a native stablecoin aimed at capturing network yield income. The Sui Foundation revealed the new stablecoin on November 12, — a system Stripe purchased in February 2025 for $1.1 billion — to oversee reserves with custodians such as BlackRock and Fidelity. This strategy enables Sui to keep revenue generated from stablecoin use, positioning USDsui as the main fiat-backed asset alongside the SUI token. Network transfer activity between August and September, largely driven by third-party stablecoins like , highlighting increasing demand for blockchain-native financial products.

Clearer regulations are fueling rapid progress. The U.S. GENIUS Act, enacted in July, has accelerated stablecoin expansion,

, as reported by Bernstein analysts. The law allows nonbank organizations to issue payment tokens under strict reserve controls, paving the way for Stripe’s global payments ambitions. At the same time, that insufficient stablecoin regulations could threaten financial stability, referencing the 2023 Circle-SVB event as a reason for the BOE’s 40% asset-reserve requirement.

Market forces are also transforming the industry.

so far in 2025, with companies like OwlTing seeking to benefit by providing infrastructure for micro-payments. In Japan, lawmakers are considering whether stablecoins could disrupt the $9 trillion bond market, raising concerns about commercial banks’ roles in payments.

Stripe’s leading position in stablecoin infrastructure is further demonstrated by its involvement in

in stablecoin transactions this year. The company’s integration with fast blockchains such as Sui reflects a broader movement of Layer-1 networks capturing more economic value internally. $1.38 billion, indicating a shift toward high-frequency financial services.

Yet, obstacles remain. The Bank of England’s proposed reserve requirements and Japan’s regulatory debates underscore the ongoing balance between innovation and stability. On the other hand,

as a global leader in crypto, with Bernstein highlighting that institutional participation, regulatory certainty, and blockchain adoption are fueling a “sustainable crypto cycle.”

As the sector matures, Stripe and Sui’s USDsui illustrate the blend of technological advancement and regulatory adaptation. With stablecoins expected to become central to global finance, competition for yield, liquidity, and market dominance is heating up.