Seeing this article, Sui may want to cooperate with Meta (Facebook
Issuing stablecoins on Sui? @SuiNetwork
Recently, there have indeed been these rumors, including hints from members of the Sui foundation @0xd34th : The meta is Sui, although he said it was a personal opinion
But Martin Folb, who posted the article, is a South African electronic music producer who has worked in Silicon Valley for 12 years and is also the head of Token Dynamics, focusing on the blockchain space
➤ What is this gold content!
Meta's market capitalization is $1.46 trillion, 100 times that of Sui
Meta has been on the fence to find a proper entry point
The early Libra/Diem stablecoin plan was the most ambitious attempt, even bringing in industry giants such as Mastercard, PayPal and Coinbase to build a global payment network through alliances. However, it lost to regulatory and political resistance, and eventually sold its technology assets to Silvergate Bank
Meta also partnered with Polygon amid the NFT boom and supported NFT features on Instagram, which should have been cheered by many IG users at the time
Mysten Labs is a company founded by former Diem core members, including Evan@EvanWeb3 and Sam@b1ackd0g, and inherits the Move programming language from the Diem era
➤ Meta this rumor seems so intriguing
Meta's huge social ecosystem is enough to bring real users and application scenarios at scale, which is the most scarce resource for most public chains. Once Meta will make stablecoin payments to social platforms, the transaction volume and user reach behind this will make Sui the closest blockchain infrastructure to real-world payments
For Meta, it is a strategy to use Sui's compliance design to respond to regulatory scrutiny to achieve its payment ambitions, and for Sui, it means that it has the opportunity to establish an unshakable industry position with the help of large manufacturers at the stage when it has not completely outperformed similar public chains
Regardless of whether the news is true or not, the news of Pokémon last time and Meta this time make Sui as the technical carrier and value circulation potential of Web2 to Web3
Drink plenty of water! Buy more Sui @GiveRep

This is why $SUI got front run yesterday.
@Meta in talks to deploy stablecoins three years after Regulators FORCED them to stop the Libra project, now @SuiNetwork.

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