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Sui Launches Native USDsui Through Stripe's Bridge

Sui has introduced USDsui, a U.S.-compliant stablecoin built on Bridge's Open Issuance platform, which is owned by Stripe. This new digital dollar aims to connect the Sui blockchain's substantial $200 billion monthly stablecoin volume to a wider interoperable platform. USDsui will be integrated across various decentralized finance (DeFi) applications and wallets, and it will work in conjunction with stablecoins from platforms like Phantom, Hyperliquid, and MetaMask. The token is designed for easy integration by developers into apps such as trading protocols or gaming economies, allowing for efficient and low-cost payments compliant with regulations. Sui's ecosystem processed over $400 billion in stablecoin transfers recently, indicating a strong need for a native, compliant asset. Revenues generated from USDsui will be reinvested into the Sui ecosystem for further development. The introduction of the Open Issuance platform simplifies the usually complicated process of stablecoin deployment, allowing Sui to launch its own stablecoin quickly and efficiently.

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Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering

Shares of VisionSys AI, a brain-machine and AI firm, fell over 77% in one day following its announcement of a registered direct offering intended to raise around $12 million. This significant decline marks an 88% drop over the past week, with current shares priced at $0.29. The company, which

Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering

VisionSys AI (VSA), a publicly traded brain-machine and artificial intelligence company, recently announced a stock offering that sent its shares plummeting by more than 77%. Following the news, VSA stock dropped to approximately $0.29, reflecting a staggering decline of over 88% in just a week. The firm had ambitious

Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering

Shares in VisionSys AI (VSA), a firm focused on brain-machine interface technology, plummeted by over 77% on Wednesday following the announcement of a stock offering aimed at raising approximately $12 million. The stock has fallen more than 88% over the past week, trading at about $0.29 per share, the

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