First Digital's FDUSD stablecoin has officially launched on the Sui Network, marking its entry as the second stablecoin on the platform, following USDC. This development enhances Sui's decentralized finance (DeFi) ecosystem, which boasts a total value locked (TVL) of over $1.5 billion. The integration of FDUSD is expected to provide increased liquidity and versatility to the rapidly growing blockchain, which supports various DeFi projects like NAVI, Cetus, and DeepBook. Meanwhile, USDC continues to hold its position as the leading stablecoin in the United States. Additionally, Coinbase plans to introduce a point-of-sale system that will integrate with USDC, utilizing Base, which operates on the Ethereum network.