According to Adeniyi Abiodun, co-founder of Mysten Labs, a new feature will let Sui users keep their holdings private. He believes this privacy will attract larger institutions to build on the Sui network, as it allows them to carefully control who sees their activity.
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Key Takeaways:
- Sui announced stablecoin transactions will soon be private by default, solving a key institutional hurdle.
- Eliminating a major market friction point, Sui enabled 0-fee stablecoin transfers to boost mass adoption.
- Currently testing, Mysten Labs will next expand this privacy to 3 assets: stocks, bonds, and crypto.
Sui To Include Private Stablecoin Transactions In Mainnet
The issue of privacy in blockchain, once a pain point, has become a desirable feature in projects seeking to attract institutional participation.
Sui, a blockchain project, has announced it will implement private transactions in the near future to tackle the problems of a full public approach for users and institutions transacting online.
Adeniyi Abiodun, co-founder of Mysten Labs, explained that while traditional networks protect transactional history by withholding information and maintaining secrecy, blockchain networks, due to their design, cannot operate similarly.
Sui’s privacy rollout would make all stablecoin transactions private by default, protecting users who mainly leverage these assets for payments from having their entire payment history revealed to third parties.
Abiodun declared that only the sender and receiver will be able to observe the funds sent and received, with no other data being shared.
He explained that Sui is designed to give regulators and token issuers insight into how users are interacting with their tokens. This contrasts with typical privacy systems which offer complete privacy, even blocking access for those same authorities.
The feature is already being tested and will be expanded to stocks, bonds, and even crypto assets at a later date, Abiodun explained.
In April, Abiodun referred to the institutional interest that such a move might awaken.
“Companies that want to issue bonds, stocks, or RWAs on chain need issuer-controlled visibility. They need to decide that only sender, receiver, and maybe a regulator can see the details. When privacy goes live, Sui will give them that at the protocol level,” he stated.
Last week, Sui also enabled gasless stablecoin transactions, enabling free transactions without SUI fees for all users and eliminating one of the largest friction points for stablecoin payments’ mass adoption.
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2026-05-25 05:30