Sui hits $1 trillion in stablecoin volume as Mysten Labs targets zero-fee, private payments in 2025!

Sui has processed more than $1 trillion in stablecoin volume since August, Mysten Labs co-founder Adeniyi Abiodun revealed at Consensus 2026 — positioning the network as a future default rail for money movement. Zero-fee stablecoin transfers and private payments are both scheduled to roll out this year.

Abiodun grounded the ambition in the cost structure of legacy rails, pointing to a $100 cross-border transfer to Nigeria that carries $35 in fees. On privacy, he argued users shouldn't be forced to accept bank accounts that look like public Twitter feeds. The network's storage layer already lets users bundle encrypted intent with transactions, a design he says could support chargeback and fraud-resolution mechanisms as AI agents take over more financial workflows — a pattern he expects to mirror the 80%-plus automated share of internet traffic.

Sui is also testing post-quantum…