The layer-1 blockchain Sui has announced that Remi Technology, a project built on its network, is launching a new infrastructure specifically designed for regulated bank-issued stablecoins. The announcement, made via Sui’s official blog on June 16, outlines a system that will allow financial institutions to issue and manage stablecoins while maintaining compliance with key regulatory frameworks.
Remi’s balance sheet treatment and bank integration
A central feature of Remi’s infrastructure is what it calls ‘Balance-Sheet Treatment’. This capability allows banks to recognize issued stablecoins as assets on their financial statements, a crucial requirement for traditional financial institutions entering the digital asset space. By treating stablecoins as balance sheet items, banks can integrate them into existing accounting and reporting structures without disrupting existing workflows.
Remi’s approach focuses on interbank clearing and settlement, with the aim of embedding stablecoin-based functions into current banking operations rather than replacing them. This design choice is intended to lower adoption barriers for regulated entities.
Partnership with Bison Bank and regulatory compliance
To bring this infrastructure to market, Remi is working with Lisbon-based Bison Bank. Through this partnership, the platform will support electronic transfers of bank-issued stablecoins, including the EUB and USB tokens. These stablecoins are designed to comply with two major regulatory standards: the European Union’s Markets in Crypto-Assets (MiCA) regulation and the recommendations of the Financial Action Task Force (FATF).
MiCA, which came into full effect in 2024, sets strict rules for stablecoin issuers in the EU, including reserve requirements and transparency obligations. The FATF guidelines focus on measures to combat money laundering and the financing of terrorism. Remi’s compliance with both frameworks positions its infrastructure as a potential bridge between traditional banking and regulated digital currencies.
Why this matters to the broader crypto and banking ecosystem
The launch represents an important step in the continued convergence of traditional finance and blockchain technology. Banks have been cautious about issuing stablecoins due to regulatory uncertainty and the technical challenges of integrating with public blockchains. Remi’s infrastructure aims to address both issues by offering a compliant, bank-friendly solution that works within existing financial systems.
For Sui, this development strengthens its positioning as a blockchain platform that can support institutional-quality financial applications. Known for its high throughput and low transaction fees, the Sui Network is increasingly being explored for use cases beyond decentralized finance, including real-world asset tokenization and regulated payments.
Conclusion
The launch of Remi Technology’s regulated stablecoin infrastructure on Sui marks a notable development in the effort to bring compatible digital currencies to mainstream banking. With its Balance-Sheet Treatment feature, partnership with Bison Bank and compliance with MiCA and FATF standards, the project aims to solve key pain points for financial institutions. The success of this initiative could influence the way other banks approach stablecoin issuance and accelerate the adoption of blockchain-based settlement systems in the regulated financial sector.
Frequently asked questions
Question 1: What is Remi Technology’s ‘Balance-Sheet Treatment’ feature?
A: It is a mechanism that allows banks to recognize stablecoins as assets on their financial statements, allowing for seamless integration with existing accounting and reporting practices.
Question 2: Which stablecoins will Remi’s infrastructure initially support?
A: The platform supports electronic transfers of EUB and USB stablecoins, both issued through the partnership with Lisbon-based Bison Bank.
Question 3: How does Remi ensure compliance with regulations?
A: Remi’s infrastructure is designed to meet the requirements of the European Union’s MiCA regulations and the Financial Action Task Force (FATF) guidelines, which cover reserve management, transparency and anti-money laundering measures.