Sui's USDsui stablecoin hits record $80M supply as network TVL climbs to $530M
- —USDsui supply hit a record $80M, up 20.5% over 90 days
- —Sui's TVL rose over 20% to $530M in the same period
- —Sui Foundation invested $30M in DATA Network and partnered with OpenAssets
- —Sui repurchased 830,300 SUI worth about $646K using stablecoin reserve yield
Why it matters: Rising stablecoin supply and SUI buybacks support token demand and ecosystem growth.
Source: AMBCrypto