Sui’s native stablecoin, USDsui, has reached a record high of $80 million in supply, growing by 20.5% over the past 90 days. This surge coincides with a 20% increase in the network’s total value locked (TVL), which hit $530 million. The Sui Foundation invested $30 million in DATA Network to expand its AI-related infrastructure. Additionally, Sui repurchased 830,300 SUI tokens worth approximately $646,000 using yields from its stablecoin reserves. These developments indicate that stablecoin adoption could become a key growth driver for the network.
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