$SUI stablecoin supply has moved above $520M, up roughly 15% over the past week.
That's a number I find more interesting than another partnership headline.
Sui already has about $430M in DeFi TVL, so the increase in stablecoin liquidity is worth watching. The next question is whether that money actually starts getting used across lending, trading and other DeFi applications.
The Samsung Wallet USDC integration expected later this month could add another route for users, but the real test will be activity on-chain.
#sui
That's a number I find more interesting than another partnership headline.
Sui already has about $430M in DeFi TVL, so the increase in stablecoin liquidity is worth watching. The next question is whether that money actually starts getting used across lending, trading and other DeFi applications.
The Samsung Wallet USDC integration expected later this month could add another route for users, but the real test will be activity on-chain.
#sui
