On May 19, the stablecoin supply on the Sui network reached $1 billion. According to official sources, the current stablecoin types on Sui include USDC, FDUSD, AUSD, USDY, and BUCK.
According to defillama data, the stablecoin supply on the Sui network increased by 16.97% over the past week, ranking first in growth rate among mainstream networks.