Sui partners with crypto neobank Erebor

Sui has partnered with crypto neobank Erebor to facilitate faster 24-hour global payments, the project announced on X. The collaboration will directly link stablecoins on the Sui network with the traditional banking system. Through Erebor, users can access banking services such as stablecoin deposits and withdrawals, as well as crypto-collateralized loans. Erebor is a bank licensed by the U.S. Office of the Comptroller of the Currency (OCC) and offers depositor insurance.