Libra

NAVI Protocol

Bank

Diem

On April 2, Sui announced a partnership with Erebor Bank, a newly chartered U.S. national bank focused on digital finance infrastructure.&nbsp;Erebor was among the five national charters <a href="https://occ.gov/news-issuances/news-releases/2025/nr-occ-2025-101.html" rel="noopener noreferrer nofollow">approved </a>by the Office of the Comptroller of the Currency (OCC) in October 2025.&nbsp;The partnership would link regulated banking systems with onchain payment rails, enabling stablecoin deposits and withdrawals directly through the Sui network.For users and builders, this means faster, more seamless transactions between crypto and traditional financial systems.&nbsp;<a href="https://www.thestreet.com/crypto/innovation/how-sui-surged-100-to-pass-bitcoin-and-ethereum-with-a-bet-on-gaming" rel="noopener noreferrer nofollow">Related: How Sui surged 100% to pass Bitcoin and Ethereum with a bet on gaming</a><h2 id="regulated-banking-meets-onchain-liquidity">Regulated banking meets onchain liquidity</h2>Erebor Bank would provide direct connectivity between Sui’s blockchain and traditional banking tools such as treasury management, lending and settlement.Unlike legacy institutions retrofitting crypto services, Erebor developed its core banking stack to support blockchain-enabled settlement from inception. This allows stablecoin flows to move efficiently between fiat and crypto environments without relying on fragmented intermediaries.As a result, Sui developers would gain last-mile access to real-world financial infrastructure. Capital held onchain can now interact more directly with banking systems, unlocking practical use cases for payments, liquidity management and cross-border transfers.<h3 id="more-news">More News:</h3><ul><li><a href="https://www.thestreet.com/crypto/policy/brutal-warning-for-crypto-as-it-faces-hell-without-clarity" rel="noopener noreferrer nofollow">Think tank sends brutal warning for crypto as it faces ‘hell’ without CLARITY</a></li><li><a href="https://www.thestreet.com/crypto/markets/veteran-trader-warns-bitcoin-recovery-could-take-longer-than-2026" rel="noopener noreferrer nofollow">Veteran trader warns Bitcoin recovery could take longer than 2026</a></li><li><a href="https://www.thestreet.com/crypto/markets/uniblock-raises-5-2m-to-simplify-the-future-of-blockchain-development" rel="noopener noreferrer nofollow">Uniblock raises $5.2M to simplify the future of blockchain development</a></li></ul><h2 id="sui-scales-toward-global-payments-infrastructure">Sui scales toward global payments infrastructure</h2>Sui’s architecture is designed for high-speed, programmable asset ownership. Built by contributors from Meta’s earlier Libra and Diem projects, the network uses an object-based model that enables assets and permissions to exist natively onchain.This design is already translating into significant transaction activity. Since August 2024, Sui has processed over $1 trillion in stablecoin transfer volume, reflecting growing adoption in global payment flows.The Erebor integration builds on this momentum by adding regulated access points, positioning Sui as a viable backbone for internet-native finance.&nbsp;Always-on settlement, combined with compliance-ready banking infrastructure, signals a shift toward continuous financial operations rather than traditional banking hours.<a href="https://www.thestreet.com/crypto/press-releases/sui-to-make-native-usdc-available-through-navi-protocol" rel="noopener noreferrer nofollow">Related: Sui to Make Native USDC Available Through NAVI Protocol</a>

Sui integrates with Erebor Bank to expand stablecoin rails

Table of Contents

TheStreet Roundtable

Other articles published on Apr 2, 2026

Tokenized Stock Transfers Hit $2.87B in March

Bitcoin Easter sale loading?

European Diesel Prices Explode to $200 Per Barrel — Supply Crisis Deepens

Bitcoin ETFs Extend Inflows With $118 Million as Ether Adds $31 Million

DeFi is optimizing for gas, not for markets

Crypto Stabilizes as War Fears Ease with Crypto Bull Return, APEMARS Hits 1,539+ Backers; LINK an...

Join our free newsletter for daily crypto updates!