Sui Crosses $1 Trillion in Stablecoin Transfers, Expands Into ETFs and Bank-Issued Stablecoins

Analyst monitoring Sui blockchain transaction data on multiple screens in a modern control room

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.

Sui has processed over $1 trillion in stablecoin transfers since August 2025, including $111 billion in January 2026 alone. The network now supports gasless stablecoin transfers, spot SUI ETFs from 21Shares and Grayscale, and bank-issued stablecoins through Bison Bank, while also planning a Bitcoin-backed finance layer called Hashi.

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.

Also read: Ripple Price Prediction: Will the CLARITY Act Trigger a Repricing Event for XRP?

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.

Moris Nakamura

Written by

Moris Nakamura

Moris Nakamura is the editor-in-chief at CryptoNewsInsights, leading editorial strategy and contributing in-depth analysis on Bitcoin markets, macroeconomic trends affecting digital assets, and institutional cryptocurrency adoption. With over ten years of experience spanning financial journalism and blockchain technology research, Moris has established himself as a trusted voice in cryptocurrency media. He began his career as a financial markets reporter in Tokyo, covering foreign exchange and commodity markets before pivoting to full-time cryptocurrency journalism during the 2017 market cycle.

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