- Sui Network surpassed $1 trillion in stablecoin volume since August, marking a major blockchain payments milestone.
- Mysten Labs plans to roll out zero-fee stablecoin transfers and private payments on Sui Network later this year.
- Abiodun sees agentic workflows as crypto’s killer use case, with AI agents set to dominate on-chain money movement.
Sui Network has revealed an ambitious plan to introduce zero-fee stablecoin transfers as part of a broader push into global payments.
Mysten Labs co-founder Adeniyi Abiodun announced the move at Consensus 2026 during an interview with The Block’s Gareth Jenkinson at Consensus 2026.
The plan comes alongside a major milestone — over $1 trillion in stablecoin volume processed since August. Abiodun positioned Sui as a future default network for how money moves around the world.
$1T in stablecoin volume since August is a stat that makes you stop scrolling.
Now imagine if the next $1T was transferred with no fees.
Great piece by @Dangawrites & @theblockco on @emanabio‘s talk at Sui Live about where payments & onchain infra on Sui are going next.…
— Sui (@SuiNetwork) May 8, 2026
Sui Sets Sights on Replacing Legacy Payment Rails
The zero-fee transfer plan draws directly from the original vision behind Meta’s Libra and Diem projects.
Abiodun and the Mysten Labs team emerged from that same background, carrying that mission forward onto Sui.
The goal is to build a faster, cheaper alternative to traditional cross-border payment infrastructure.
Abiodun used a straightforward example to frame the problem. A $100 transfer sent to Nigeria through legacy banking rails currently carries $35 in fees.
That cost reflects a system that leaves everyday users at a disadvantage. Zero-fee stablecoin transfers on Sui are designed to address that gap directly.
Private payments are also part of the roadmap rolling out this year. Abiodun noted that users should not be operating on a ledger that functions like a public social media feed.
He made the point plainly, saying users should not have to accept a reality where their “bank accounts look like Twitter.” Both features are scheduled to launch on the network this year.
The $1 trillion stablecoin volume milestone adds weight to the network’s payment ambitions. Sui Network captured the scale of that achievement on social media, noting that “$1T in stablecoin volume since August is a stat that makes you stop scrolling,” and asking readers to “imagine if the next $1T was transferred with no fees.” It positions Sui as a blockchain already handling real-scale money movement.
Agentic Payments and Quantum Security Round Out the Vision
Beyond zero fees, Abiodun outlined a future where AI agents handle the bulk of financial transactions. Drawing from his time at Facebook, he noted that automated systems already account for over 80% of internet traffic.
He predicted money movement would follow the same path, calling agentic workflows crypto’s “killer use case.” Abiodun added that users should “not be able to tell agents from humans on-chain.”
Sui’s storage layer supports bundling encrypted intent directly with transactions. This design could enable chargeback and fraud-resolution mechanisms when AI agents act incorrectly.
On security, Sui is currently testing post-quantum signatures on its testnet ahead of EU mandates expected in 2030.
Abiodun also offered to “coordinate with the Bitcoin ecosystem” and open-source Mysten’s quantum research.
He acknowledged, however, that Bitcoin would likely address the quantum threat “very slowly and non-committally,” despite trillions of dollars being at risk.
Developer activity on the network has surged 200%, which he attributed to capabilities competitors cannot match.
Sui has faced notable technical challenges despite its growth. The mainnet stalled in January 2026 due to a validator consensus issue.
A prior outage in November 2024 lasted roughly three hours following a transaction scheduling bug.
