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River and Sui have strategically partnered to expand multi-chain capital to the Sui ecosystem
BlockBeats News, January 20th
On January 20th, River announced a strategic partnership with Sui official. The collaboration aims to bring cross-chain liquidity and yield opportunities to the Sui ecosystem, providing institutions, developers, and users with a more efficient way to deploy capital.
In this partnership, River's core stablecoin, satUSD, will serve as the cross-ecosystem settlement asset, connecting liquidity across different chains and being natively usable on Sui. Through River's chain-agnostic stablecoin architecture, users can deposit collateral assets on one chain and mint and utilize satUSD on another chain without the need for bridging or wrapping assets, significantly lowering the operational barriers.
Combined with Sui's high-performance, low-latency technical features, satUSD will introduce capital from multiple ecosystems to DeFi applications and yield-bearing products in the Sui ecosystem, enhancing liquidity depth and composability. This partnership is a significant step for River in advancing its multi-ecosystem layout and opens a new channel for Sui to connect with external capital.
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