链研社lianyanshe
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Will Sui Have an Opportunity for Curve-Over-Taking with the Large-Scale Adoption of Stablecoins?
In the future, widespread adoption of stablecoins will bring more internet users into the Web3 world. Currently, Web3 users are only about 10% of internet users, indicating significant growth potential.
Since 2024, the stablecoin market cap on the Sui chain has achieved explosive growth, increasing nearly 200 times in a year, with the compliant stablecoin USDC being the main driving force, dominating 75% of the Sui stablecoin ecosystem.
Why is there a reason for a curve-over-taking?
1. The Sui project originated from Facebook's stablecoin team.
Core members of the Sui team come from Facebook (Meta) Diem/Libra stablecoin project. They have transformed Facebook's technological advantages, such as smart contract languages (Move) and high-performance parallel processing, into Sui's underlying architecture. At that time, the Diem/Libra stablecoin project had been developed, but was halted due to regulatory issues. Now, with Circle's listing leading to a relaxation of regulation in the crypto industry, Sui has unique advantages in global compliance funding, institutional collaboration, and stablecoin expansion.
Since 2024, the stablecoin market cap on the Sui chain has achieved explosive growth, increasing nearly 200 times in a year, with the compliant stablecoin USDC being the main driving force, dominating 75% of the Sui stablecoin ecosystem.
Why is there a reason for a curve-over-taking?
1. The Sui project originated from Facebook's stablecoin team.
Core members of the Sui team come from Facebook (Meta) Diem/Libra stablecoin project. They have transformed Facebook's technological advantages, such as smart contract languages (Move) and high-performance parallel processing, into Sui's underlying architecture. At that time, the Diem/Libra stablecoin project had been developed, but was halted due to regulatory issues. Now, with Circle's listing leading to a relaxation of regulation in the crypto industry, Sui has unique advantages in global compliance funding, institutional collaboration, and stablecoin expansion.
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