The Defiant
2025-05-07 20:16:51

Stablecoin Supply on Sui Network Hits All-Time High Near $1 Billion

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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