
Ondo Finance Launches USDY as Sui Blockchain’s First Dollar-Denominated Token
TL;DR Ondo Finance launches USDY on the Sui blockchain, being the first dollar token on this network. The partnership between Ondo Finance, Axelar and Mysten Labs
Sui blockchain is a layer 1, Proof-of-Stake (PoS) blockchain platform that is designed to provide high throughput, low-latency transactions, and instant transaction finality. The platform is built with the Move programming language, which was initially developed by Facebook for its Diem blockchain . Sui aims to create a decentralized, permissionless blockchain network that can support a wide range of use cases, from decentralized finance (DeFi) to non-fungible tokens (NFTs). The project is developed by Mysten Labs, a blockchain development firm co-founded by former Facebook developer Libra and JP Morgan alumni . The native token of the Sui blockchain is called SUI.
TL;DR Ondo Finance launches USDY on the Sui blockchain, being the first dollar token on this network. The partnership between Ondo Finance, Axelar and Mysten Labs
TL;DR Unstoppable Token Growth: Sui has seen a 350% increase in its native token, reaching $1.46 in just three months, standing out in the market. Brief
In a stunning display of financial prowess, the cryptocurrency sensation, SUI, has reached a new all-time high, hitting $1.45 and surpassing a market cap of $1.5
The competitive world of cryptocurrencies has seen a dizzying rise of SUI, the native token of the layer 1 blockchain network.
The foundation, which oversees the Sui Network, a Layer 1 blockchain lauded for its impressive scalability, has redirected a whopping 117 million SUI tokens, currently worth
According to an official blog post, layer-one blockchain Sui Network (SUI), revealed it has introduced a game-changing feature called “zkLogin” (Zero Knowledge login) that would enable
The SUI foundation has denied allegations that it unlocked SUI staking rewards and dumped them on Binance. The foundation cleared all misunderstandings through a Twitter thread
The SUI token has experienced a significant surge of over 11% in the past 24 hours. At the time of writing, the live Sui price stands
The price of Sui (SUI) has skyrocketed by a staggering 15% within a 24-hour period. As of today, the live SUI price stands at $0.693408, with
Sui Network, a Layer 1 blockchain network, is launching its mainnet today, May 3, at 12 pm UTC. The protocol, which uses a modified version of
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