Stablecoin Supply on Sui Network Hits All-Time High Near $1 Billion
By: defi news|2025/05/08 04:45:02
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In a strong year for stablecoins and real-world assets (RWAs), Layer 1 blockchain Sui is experiencing rapid growth on the stablecoin front.Sui’s stablecoin supply is up 148% to $918 million since the beginning of 2025, and the network’s token, SUI, has been one of the strongest altcoins throughout the market cycle, reaching an all-time high market capitalization of $16 billion in January.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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