
链研社|Jun 09, 2025 04:54
Is there a chance for Sui to overtake stablecoins on the curve due to the large-scale adoption of stablecoins?
In the future, with the large-scale adoption of stable currency, more Internet users will enter the world of Web3. At present, the number of Web3 users is only about 10% of Internet users, and the growth potential is still great.
Since 2024, the market value of stablecoins on the Sui chain has experienced explosive growth, increasing nearly 200 times in a year. Among them, the compliant stablecoin USDC is the main driving force for growth, accounting for 75% of the dominant position in the Sui stablecoin ecosystem.
Why is there a reason to overtake on a bend?
1. The Sui project was formerly known as the Facebook stablecoin team
The core members of the Sui team come from the Facebook (Meta) Diem/Libra stablecoin project. Translate Facebook's technological advantages such as smart contract language (Move) and high-performance parallel processing into Sui's underlying architecture. At that time, Diem/Libra's stablecoin project had already been developed, but due to regulatory restrictions, it was halted. Now, with Circle's listing, the regulation of the cryptocurrency industry has been relaxed, giving Sui unique advantages in global compliance funds, institutional cooperation, stablecoin expansion, and other aspects
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