{"id":74030,"date":"2026-06-14T20:40:57","date_gmt":"2026-06-14T20:40:57","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sui-blockchain-registers-65-billion-in-stablecoin-volume-following-major-fee-removal-protocol\/"},"modified":"2026-06-14T20:40:57","modified_gmt":"2026-06-14T20:40:57","slug":"sui-blockchain-registers-65-billion-in-stablecoin-volume-following-major-fee-removal-protocol","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sui-blockchain-registers-65-billion-in-stablecoin-volume-following-major-fee-removal-protocol\/","title":{"rendered":"Sui Blockchain Registers $65 Billion in Stablecoin Volume Following Major Fee Removal Protocol"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Mysten Labs cut Sui fees, driving $65B volumes since June 10 after making stablecoins transactions free.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Certik noted Sui hit $2.27T in volume since early 2024, focusing on B2B markets and retail use.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Adeniyi Abiodun states Sui aims to increase market adoption as devnet tests private transactions.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Sui Attracts Attention With Gasless <span>Stablecoin<\/span> Transactions, Reaches $65 Billion in Settlements<\/h2>\n<p>Sui, a high-performance <span>blockchain<\/span>, made a big bet to bring <span>stablecoin<\/span> <span>volume<\/span> to its network, and it seems it is paying off.<\/p>\n<p>In May, Mysten Labs announced that it was rolling out a protocol-level change for gasless <span>stablecoins<\/span> transactions in Sui, meaning that users would not need to pay fees in the native token, SUI, to move them on-chain.<\/p>\n<p><\/p>\n<p>This has increased the <span>volume<\/span> of <span>stablecoins<\/span> being transacted on Sui, as users have been flocking to the network to take advantage of this new feature, which was primarily focused on simplifying B2B payments and microtransactions but also affects retail usage.<\/p>\n<p>Certik, a <span>blockchain<\/span> security firm, <a href=\"https:\/\/x.com\/CertiKCommunity\/status\/2064675565647573315?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">revealed<\/a> that Sui\u2019s <span>blockchain<\/span> had processed nearly $65 billion in <span>stablecoin<\/span> transactions since June 10 without paying fees. Also, the network has registered over $2.27T in <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> since early 2024.<\/p>\n<p>Adeniyi Abiodun, co-founder and CPO of Mysten Labs, anticipated the effect of this move at its launch, calling it a game-changer and warning that it might render traditional settlement channels obsolete.<\/p>\n<p>Abiodun recently reinforced the relevance of this feature, stressing that gasless <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> transactions <strong>\u201cremove HUGE overhead that blocks adoption.\u201d<\/strong><\/p>\n<p><strong>\u201cEven at 1\/1000th of a cent, <span>gas<\/span> forces you to hold reserves, build payment logic, monitor balances, and account for a second asset just to move the first. For any service provider, that overhead is infrastructure, headcount, and audit scope,\u201d<\/strong> he <a href=\"https:\/\/x.com\/EmanAbio\/status\/2064734336755139065?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">assessed<\/a>.<\/p>\n<p>At a recent interview, he revealed that Sui\u2019s goal was to replace SWIFT and traditional rails by offering high scalability and privacy as key advantages.<\/p>\n<p>Sui is now testing <a href=\"https:\/\/news.bitcoin.com\/sui-to-make-all-stablecoin-transactions-private-by-default-in-massive-update\/\">private transactions<\/a> in its devnet with a proposal that offers controlled visibility for compliance and auditability while maintaining transfer amounts and balances confidential. Sui aims to introduce this feature in the near future.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/sui-blockchain-registers-65-billion-in-stablecoin-volume-following-major-fee-removal-protocol\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Mysten Labs cut Sui fees, driving $65B volumes since June 10 after making stablecoins transactions free. Certik noted Sui hit $2.27T in volume since early 2024, focusing on B2B markets and retail use. Adeniyi Abiodun states Sui aims to increase market adoption as devnet tests private [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":74031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74030"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74030"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74031"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}