Kraken and Bullish List Sui Dollar Stablecoin
Major crypto exchanges Kraken and Bullish have expanded their offerings by adding the Sui Dollar ($USDsui) stablecoin to their platforms. This move comes as the Sui Network, which supports $USDsui, has processed over $1 trillion in stablecoin transfer volume, all with zero network fees.
The listing of $USDsui on Kraken and Bullish marks another step in the stablecoin's growing accessibility. No specific details were provided about trading pairs, liquidity, or launch dates, but the token is now available for traders on both exchanges.
Separately, Payward, the parent company of Kraken, recently filed to offer single-stock perpetual futures to U.S. traders. The initial lineup includes contracts tied to major equities like Tesla, Nvidia, and Apple. Payward also announced plans to deploy on-chain perpetual futures markets on Hyperliquid for eligible U.S. clients, subject to regulatory approval.
While the Sui Dollar listing and the futures-related filings are distinct actions, both reflect Payward's focus on expanding its product offerings within existing regulatory frameworks. No launch timelines have been disclosed for the futures products, as they remain subject to regulatory processes.