The stablecoin USD Coin (USDC) is natively available on Sui, a cryptocurrency and token network compatible with the Ethereum Virtual Machine (EVM), as of today, October 8.
The fact that#USDCis natively on#Suimeans that it is officially issued by the Circle company on that network and is not a “wrapped” token issued by a particular developer. Previously, there was at least one “wrapped” version of USDC on Sui, wUSDC. Circle clarifies that Wormhole (the developer of that other token) was “an integral part of the growth of USDC on Sui.” In any case, Circle emphasizes that wUSDC is not issued by them nor is it equivalent to the “official” token.$USDC 
On Circle’s website, you can see that with this integration, USDC is now natively on 16 cryptocurrency networks. Some of these are Ethereum, Solana, Arbitrum, Near, and Polkadot.
The price of Sui (SUI), the native cryptocurrency of the eponymous network, has not had a special rebound as a result of this news. In any case, it is one of the top 100 cryptocurrencies with the best performance in the last week and is trending. Last week, CriptoNoticias published a report showing what expectations there are for the price of Sui.
