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Sui's stablecoin supply rises 10.33% amid a 5.34% market-wide decline in dollar-pegged stablecoins.

Protocol Fundamentals
13 Nov 2026, 20:00 WIB
Crypto Briefing
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Bullish
Sui's stablecoin supply rises 10.33% amid a 5.34% market-wide decline in dollar-pegged stablecoins.

Sui's stablecoin supply increased to $537.74 million on November 13, 2026, marking a 10.33% growth over 30 days while the overall dollar-pegged stablecoin supply across networks fell by 5.34%. This growth is mainly driven by USDC, which makes up 68.5% of Sui's stablecoin supply, and to a lesser extent by Sui's native stablecoin USDsui. Key factors include the introduction of gasless transfers in May 2026, which lowered transaction costs, and rising decentralized finance (DeFi) activity on the network. The Sui Foundation also uses yields from stablecoin reserves to buy back its native SUI token, linking stablecoin growth to the network’s long-term ecosystem support. However, the heavy reliance on USDC means any significant outflow could quickly reduce Sui's stablecoin supply, making USDsui's growth an important factor to watch.

While Sui's stablecoin supply has grown by over 10% to $537.74 million, SUI token itself is trading at Rp14.650 on Pluang as of Nov 14, 2026 01:13 WIB, up 1.43% in the last day. This price level contrasts with the token's circulating supply at 42% of the total 10 billion SUI, showing moderate market activity with 55% sell orders and a typical hold time of 40 days. The stablecoin growth supports the ecosystem, yet the token's market cap stands at Rp60.62 trillion, reflecting investor interest amid these developments.

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