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Sui Processes $65 Billion in Stablecoin Transfers in Five Days After Zeroing Out Fees
Published Source: The DefiantRead original
1. 3. 5. The Layer 1's gasless stablecoin design pushed transfer throughput to nearly $65 billion since June 10, recasting Sui as a fee-free settlement rail for institutional and agentic payments. CertiK Skynet, a data dashboard by the blockchain security firm, that Sui settled close to $65 billion in stablecoin transfers since June 10 without users paying fees. The same data put cumulative stablecoin volume on the network above $2.27 trillion since early 2024. The $65 billion measures transfer volume cleared over a five-day window. Sui's standing stablecoin supply sits near $470 million, per , which ranks the chain outside the 15 largest by stablecoin market capitalization. Sui stablecoin market cap, Jan 17 - Jun 15 2026.