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Home/News Feed/Sui blockchain hits $65B stablecoin volume after removing transaction fees.

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Sui blockchain hits $65B stablecoin volume after removing transaction fees.

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Protocol Fundamentals

14 Jun 2026

Bitcoin

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Bullish

Sui blockchain has processed nearly $65 billion in stablecoin transactions since June 10, following a protocol update that eliminated fees for stablecoin transfers. This fee removal, aimed at simplifying B2B payments and retail use, has boosted transaction volumes and could challenge traditional payment systems like SWIFT. Sui also plans to introduce private transactions with controlled visibility for compliance, enhancing privacy and scalability. The move is seen as a major step to increase adoption by reducing overhead costs for service providers.

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