Sui Crosses $1 Trillion in Stablecoin Transfers, Expands Into ETFs and Bank-Issued Stablecoins
Sui has crossed more than $1 trillion in stablecoin transfers since August 2025, the network announced this week, marking a significant milestone for the blockchain as it expands into gasless payments, spot ETFs, and bank-issued stablecoins. In January alone, Sui processed $111 billion in stablecoin transfers, highlighting rising payment activity.
The network has also launched gasless stablecoin transfers for supported assets, a feature rolled out with support from Fireblocks. Users can now move stablecoins without holding SUI tokens for gas fees, potentially lowering barriers for both retail and institutional participants.
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Institutional Access Expands With Spot ETFs and Bank Stablecoins

Spot SUI ETFs from 21Shares, Canary, and Grayscale are now trading on U.S. exchanges, giving investors exposure to SUI through traditional brokerage accounts. The presence of these products signals growing institutional interest in the network.
Bank-issued stablecoins have also moved onto Sui. Remi, a European stablecoin issuer, brought MiCA-compliant stablecoins to the network through Bison Bank, which operates under European Central Bank supervision, according to the project’s update. Franklin Templeton, Circle, and a16z are among the firms linked to the ecosystem, keeping attention on Sui’s long-term infrastructure plans.
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Bitcoin Finance and Network Reliability in Focus
Sui’s roadmap includes Hashi, a Bitcoin-backed finance layer. Its global testnet is expected in July, with Cumberland, BitGo, and FalconX involved. The project aims to connect Bitcoin liquidity with Sui-based financial applications.
At the same time, Walrus has become a larger part of the ecosystem, emerging as the second-largest decentralized storage network by reported stored data. Confidential Transfers also entered beta, offering private balances and transfer amounts.
However, Sui faced real outages in late May. Those incidents raised questions about network reliability during periods of stress. As activity continues to grow, the network’s ability to maintain uptime will be closely watched.
Frequently Asked Questions
What is Sui’s gasless stablecoin transfer feature?
Sui allows users to transfer supported stablecoins without holding SUI tokens for gas fees, making transactions easier for new users and institutions.
Which companies are backing Sui’s ecosystem?
Franklin Templeton, Circle, and a16z are among the major firms linked to Sui’s infrastructure, alongside ETF issuers like 21Shares and Grayscale.
What caused Sui’s network outages in late May 2026?
Sui experienced real outages in late May, raising questions about network reliability during periods of high activity, though specific causes were not detailed in public reports.
What is Hashi on Sui?
Hashi is a Bitcoin-backed finance layer being built on Sui, with a global testnet expected in July 2026 involving Cumberland, BitGo, and FalconX.
