$SUI is up over 9%, driven by the launch of $USDC on the SUI Network.

$SUI, the native utility token of Sui Network, a layer 1 Blockchain that makes digital asset ownership fast, private, secure, and accessible, is up over 9% in the last 24 hours and is currently trading around $1.1733, with an inflow of $194.96M, according to the Gate.io chart.

This follows the revolutionary announcement that Circle’s native $USDC will soon be coming to SUI, and the Cross-Chain Transfer Protocol (CCTP) will enable developers to create cross-chain flows from other chains.

The strategy will further advance SUI’s leadership position within DeFi, making DeFi safer with easy access to the most secure and reliable on-chain digital dollars for the SUI community.$USDC