Sui stablecoin supply reaches $485 million, up 30.8% year-on-year

Sui stablecoin supply reached $485 millions in the fourth quarter, a year-on-year increase of 30.8%. Three US asset management companies have submitted or launched SUI investment products. In terms of quarterly data, Sui's average daily DEX trading volume increased by 51.3% year-on-year to $405.8 millions, revenue grew by 10.4% quarter-on-quarter to 1.2 million SUI, while SUI price dropped by 57% quarter-on-quarter to $1.40. (Messari)