Deep Tide TechFlow news, on January 9, according to The Block, Web3 infrastructure company Mysten Labs announced the appointment of former Chief Legal Officer Kevin Boon as the company's president. Boon stated that the company will launch the decentralized storage platform Walrus Protocol mainnet based on the Sui blockchain in early 2025.

As a public chain derived from Meta's former Diem project, Sui has supported first-tier stablecoins like USDC. During the upcoming Trump administration, Boon plans to seize opportunities from regulatory environment changes, focusing on the progress of stablecoin legislation, and will actively seek more stablecoin project application scenarios and cooperation opportunities on Sui.