Sui-based project Remi launches infrastructure for regulated bank-issued stablecoins

Layer-1 blockchain Sui announced on June 16 via its official blog that the Sui-based project Remi Technology is launching an infrastructure for regulated, bank-issued stablecoins. Remi's infrastructure includes a "Balance-Sheet Treatment" feature, which allows banks to recognize stablecoins as assets on their financial statements. Through a partnership with Lisbon-based Bison Bank, the platform will support electronic transfers of bank-issued stablecoins such as EUB and USB, complying with requirements from the European Union's Markets in Crypto-Assets (MiCA) regulation and the Financial Action Task Force (FATF). Sui explained that Remi's inter-bank clearing and settlement network focuses on integrating stablecoin-based clearing functions into existing banking workflows rather than replacing them. The launch is expected to help position Sui as a core infrastructure for the next-generation global financial system, the announcement added.