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CryptoMediumUpdated•Originally published 7 May 2026•Updated 7 May 2026•

1 min read

Sui Network Surpasses $1 Trillion Stablecoin Volume, Eyes Zero-Fee Payments

Key Facts

1The Sui network has processed over $1 trillion in stablecoin volume since August.

2Mysten Labs is aiming to roll out zero-fee and private payment features on the network.

The Sui network has achieved a significant milestone, processing over $1 trillion in stablecoin transaction volume since August, signaling rapid adoption of the Layer 1 blockchain. In a strategic update, Mysten Labs has set a specific timeline for 2025 to launch its highly anticipated fee-free transfers and private payment features. This move aims to position Sui as a direct competitor to traditional payment systems by entirely removing transaction costs for users. Adeniyi Abiodun, co-founder of Mysten Labs, emphasized the network's ambition to become the default global standard for moving money. Analysts suggest that this combination of high liquidity and a concrete roadmap for fee-less utility strengthens Sui's competitive edge in the global ecosystem. The 2025 launch is expected to further drive both institutional and retail integration by prioritizing privacy and cost-efficiency.

27 days ago

Version History

Version 127 days ago

What changed: Added a specific 2025 launch timeline for new features and included statements from Adeniyi Abiodun regarding the network's strategic goals.