Sui Processed Over $1 Trillion in Stablecoin Volume Since August, Mysten Labs Eyes Zero-Fee Transfers

SUI0.69%
BTC-0.41%

According to Adeniyi Abiodun, Mysten Labs co-founder, at Consensus 2026, the Sui network has processed more than $1 trillion in stablecoin volume since August. Abiodun positioned the blockchain as a future "default network for how you move money" through planned zero-fee stablecoin transfers and private payments, citing the high costs of legacy banking rails as a limitation.

Sui is also testing post-quantum signatures on its testnet, with the team targeting a rollout ahead of anticipated EU quantum-resistance mandates in 2030. Abiodun offered to coordinate with the Bitcoin ecosystem and open-source Mysten's quantum research.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments