SUI TVL Surges 38% to $1.65B as DEX Volume and Stablecoin Holdings Hit Record Highs

Sui's total value locked (TVL) rose by 38% in the past week to $1.645 billion. Decentralized exchange volume on Sui reached $599 million, a 177% increase from the previous week. Stablecoin holdings on the Sui network increased from $482 million to $879 million over the last two months. Sui introduced a digital Mastercard supporting its token in Europe.