SUI Bulls Eye Upside As Stablecoins And Network Revenue Hold Firm Amid TVL Drop

Millionaire businessman Kevin O’Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could be the biggest beneficiary of traditional finance (TradFi) firms moving on-chain.  Kevin O’Leary Praises Stablecoins Over Bitcoin In an X post, Kevin O’Leary shared a FOX interview in which he praised stablecoins over Bitcoin. He described BTC as a speculative asset whose price fluctuates due to its volatility. Meanwhile, the businessman called stablecoins an interesting product in financial services, noting that they are valuable because they are backed by U.S. Treasury bills.  Related Reading: The Bitcoin Playbook To Know: Step 4 Says A Crash Is Coming, But Where’s The Bottom? O’Leary further remarked that the “beauty” of these stablecoins is that one can transfer them in seconds, not days. As such, he explained how these stablecoins top the current payme

US lawmakers introduced the PARITY Act, directing Treasury to review crypto tax relief for small payments, stablecoins and staking.

[PRESS RELEASE – Grand Cayman, Cayman Islands, May 20th, 2026] A new protocol-level feature enables peer-to-peer stablecoin transfers on Sui without requiring users to hold SUI, dropping current stablecoin transfer fees to $0.00. Sui, where money moves as freely as messages, today announced the launch of gasless stablecoin transfers, a new protocol-level feature that enables […]

Bank of England Deputy Governor Sarah Breeden has detailed a comprehensive plan to modernize the UK financial ecosystem by integrating stablecoins, asset tokenization, and overhauled payment architectures. A Shift in Stablecoin Regulation The Bank of England will publish draft rules for systemic stablecoins next month, aiming to finalize a regulatory framework by year-end in alignment […]

SUI price stabilizes near $1.04 support after a deep correction, while buyers watch the $1.15-$1.20 resistance range. SUI price is holding an important support zone near $1.04 after a strong correction from earlier highs. Buyers are slowly returning, and traders are watching whether SUI can move back toward the $1.15 to $1.20 range as momentum […] The post SUI Price Holds Important Support Zone As Buyers Slowly Step Back In appeared first on Live Bitcoin News.

Sui's gasless stablecoin transfers could significantly boost blockchain adoption by simplifying user experience and reducing entry barriers. The post SUI launches gasless stablecoin transfers on mainnet, removing biggest friction point for new users appeared first on Crypto Briefing.

Grand Cayman, Cayman Islands, 20th May 2026, Chainwire