Agora-based end stablecoin is live on Sui
Agora-based end stablecoin is live on Sui
Grand Cayman, Kaiman Islands, September 5, 2024, Chainwire
After successful starts in other large networks provided to SUI to use the scalable high-performance network and strengthen the SUI stable coin ecosystem.
Agora The stable coin company under the direction of the veterans of the financial and technology sector Nick van Eck, Drake Evans and Joe McGrady launched. Sui The Layer 1-Blockchain, which offers industry-leading performance and unlimited horizontal scaling. Upon Suis growing list of native assets adds an important dimension and is the first US dollar stable on the institutional level that is used in the SUI Defi ecosystem.
"Due to the native integration of first -class assets such as ends in the network, SUI developers and offers a new class institutional user a significant access to Defi," said Gap Kim, Global Head of Marketing of the Sui Foundation. "Since the SUI ecosystem continues to grow, the opportunities for innovation and financial access to SUI will also increase exponentially, which will benefit the entire SUI community."
"The remarkable growth and early industry -wide success of end form the basis for the next, even more effective chapter by Sui," said Nick van Eck, co -founder of Agora. "By using the state-of-the-art infrastructure and unprecedented scalability of SUI, the flourishing and significant progress in the defy and mining ecosystem will be promoted. This cooperation is a crucial step forward in our mission to create a more integrative and accessible financial future for everyone."
ends in a growing number of stable coins on SUI that drive the development of robust defi applications and expand the acceptance of blockchain technology. By using the scalable high -performance network from SUI, these stable coins contribute to a high -performance environment in which developers and users can be innovative and focus on the provision of superior experiences without being restricted by the technological restrictions that have restricted other networks. The integration of Agora with SUI continues to expand the reach of the end and promote the growth of the global endurance and liquidity.
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Source: Coinlist.me
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