We are thrilled to launch FDUSD on Sui and look forward to the new possibilities this integration brings, said Vincent Chok, Founder and CEO of First Digital.
By leveraging Sui's unique object-centric design, FDUSD gains access to ultra-fast transaction speeds, low fees, and unmatched scalability. Today's deployment augments FDUSD's multi-chain compatibility and strengthens on-chain liquidity in what is already a thriving DeFi ecosystem, paving the way for even more innovation on Sui.
Sui's DeFi ecosystem continues to surge, recently surpassing $1 billion in TVL and consistently ranking among the top networks in transaction volume, said Jameel Khalfan, Head of Ecosystems.
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