Money should move as freely as messages. Today, Sui delivered with gasless stablecoin transfers. Supported stablecoins on Sui can now be sent wallet-to-wallet without gas fees or managing a separate gas token balance.

Money market funds were supposed to kill banks four decades ago. There's now $7 trillion in them. Banks are still here. Stablecoins won't kill banks either. But the banks that figure out how to adopt them will be the ones still around in 10 years. BitGo's Frank Wang moderated "Are Stablecoins the Next Rails of Finance?" on the main stage at @Hedera Con. Watch now. 👇

Money Keeps Pouring Into Spot $XRP ETFs... Over the past week, spot @Ripple ETFs in the US has seen INSANE inflows to the tune of net $60.5 million. The products rounded off the week with nearly $11 million worth of inflows on May 15, but the single biggest day came on Monday to the tune of nearly $26 million. The massive inflows came with a backdrop of products for both $BTC and $ETH recording shocking capital outflows.

Money supply is skyrocketing: Global money supply is now up to a record $121.9 trillion. Over the last 2 years, money supply has soared +$17.1 trillion, or +16%. This also marks a +$27 trillion increase, or +28%, since the 2022 low. This means that global money supply is surging +7% to +8% a year. Meanwhile, US M2 money supply jumped +$1 trillion YoY, or +4.6%, to a record $22.7 trillion. Money supply growth is accelerating.