SUI trades near $1.09 as bulls eye $1.20, while stablecoins and network revenue hold firm amid TVL decline. SUI traded near $1.09 as traders assessed its rebound setup, stablecoin activity, and network revenue. Market analysts pointed to firm on-chain baselines, even as total value locked fell from earlier highs. Bulls are now watching whether price […]
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SUI may be one of the market’s more overlooked large-cap crypto setups, according to analyst Michaël van de Poppe, who argued that the network’s institutional, stablecoin and technical developments have been overshadowed by a steep drawdown in the token price. In a post on X, van de Poppe said market attention had focused heavily on SUI’s decline from $5.35 to roughly $0.90, while a broader infrastructure buildout continued in the background. His argument was not simply that SUI had become cheaper, but that the market may be underpricing the extent to which institutional rails, liquidity channels and protocol-level upgrades have continued to develop during the downturn. “SUI is one of the most under-discussed setups in crypto right now,” van de Poppe wrote. “While everyone was watching the price drop from $5.35 to ~$0.90, this is what was actually being built.” He pointed to a series of developments including the listing of a fifth spot crypto ETP in February 2026, CME futures going li
European banks are rapidly moving stablecoin projects from concept to production, with EUR stablecoins processed at retail VASPs growing 12-fold to $777 million in 15 months.
Millionaire businessman Kevin O’Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could be the biggest beneficiary of traditional finance (TradFi) firms moving on-chain. Kevin O’Leary Praises Stablecoins Over Bitcoin In an X post, Kevin O’Leary shared a FOX interview in which he praised stablecoins over Bitcoin. He described BTC as a speculative asset whose price fluctuates due to its volatility. Meanwhile, the businessman called stablecoins an interesting product in financial services, noting that they are valuable because they are backed by U.S. Treasury bills. Related Reading: The Bitcoin Playbook To Know: Step 4 Says A Crash Is Coming, But Where’s The Bottom? O’Leary further remarked that the “beauty” of these stablecoins is that one can transfer them in seconds, not days. As such, he explained how these stablecoins top the current payme
[PRESS RELEASE – Grand Cayman, Cayman Islands, May 20th, 2026] A new protocol-level feature enables peer-to-peer stablecoin transfers on Sui without requiring users to hold SUI, dropping current stablecoin transfer fees to $0.00. Sui, where money moves as freely as messages, today announced the launch of gasless stablecoin transfers, a new protocol-level feature that enables […]
Bank of England Deputy Governor Sarah Breeden has detailed a comprehensive plan to modernize the UK financial ecosystem by integrating stablecoins, asset tokenization, and overhauled payment architectures. A Shift in Stablecoin Regulation The Bank of England will publish draft rules for systemic stablecoins next month, aiming to finalize a regulatory framework by year-end in alignment […]
SUI price stabilizes near $1.04 support after a deep correction, while buyers watch the $1.15-$1.20 resistance range. SUI price is holding an important support zone near $1.04 after a strong correction from earlier highs. Buyers are slowly returning, and traders are watching whether SUI can move back toward the $1.15 to $1.20 range as momentum […]
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Sui's gasless stablecoin transfers could significantly boost blockchain adoption by simplifying user experience and reducing entry barriers.
The post SUI launches gasless stablecoin transfers on mainnet, removing biggest friction point for new users appeared first on Crypto Briefing.