💧 Co-Founder of Mysten Labs Says Sui Aims to Become the Default Network for Moving Money

Mysten Labs states that the SUI network has processed over $1 trillion in stablecoin volume since August 2025. The figure was disclosed by Adeniyi Abiodun, the company's co-founder, in an interview with The Block at the Consensus 2026 conference. The executive used the announcement to position Sui as the default network for moving money, with concrete plans to launch fee-free transfers and private payments before the end of the year.
Abiodun links this ambition to the original mission of the Libra and Diem projects at Meta, where the Mysten Labs founding team originated. To illustrate the failure of the traditional financial system, he gave the example of transferring $100 to Nigeria, which incurs a $35 fee, describing the fee structure as an unacceptable barrier.
🔸 SUI Working on Post-Quantum Solutions
The co-founder also questions the full transparency model of existing public ledgers. He argues that users should not be forced to accept that their financial accounts carry public exposure from social networks, directly referencing the visibility of wallets on conventional public blockchains.
Regarding activity automation, Abiodun notes that AI agent systems already account for over 80% of internet traffic, based on his experience at Facebook. He predicts that money movement will follow the same pattern and describes agent flows as a primary use case for cryptocurrency. Sui’s storage layer, he explains, will enable encrypted intents to be included alongside transactions, allowing the development of dispute resolution mechanisms in the future when agents act wrongly.
Sui is also working on post-quantum resilience, with signatures already being tested on its testnet and a launch planned before the European Union’s projected mandate for 2030.
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