- Wins adds support
- Integration enhances SUI’s defi liquidity and cross-chain access.
Wanchain added Sui to the growing suite of cross-chain integration, which activates USDC transfers throughout 18 blockchain ecosystems.
Bridging SUI with BNB chain, cardano, and other chains compatible with EVM has led to technical barriers due to their start -up of different blockchain architecture. The Wanchain bridge infrastructure addresses this fragmentation by providing slippage-free, fast, and non-custodial transfer of native and wrapped to tokens of USDC, without the need for centralized exchanges.
On July 17, the capitalization of the Stablecoin Market of the SUI reached $ 1.15 billion, with a USDC consisting of 74.7%, or approximately $ 861 million, according to Defillama. Integration thus links a dominant source of liquidity within the SUI to a broader network of blockchain environments, including Ethereum, Solana, Avalanche, and Optimism.
“We are glad to expand our cross-chain connection by integrating Sui, a non-EVM, high performance, object-centric and moving-based blockchain, with 18 other blockchains,” said Temujin Louie, CEO of Wanchain. “It emphasizes our promise to enhance the interoperability between all networks, no matter what they are compatible or not.”
The SUI bridge also relates to newer and emerging ecosystems such as Metis, Moonriver, Oct Chain, Telos, Vinuchain, X Layer, and XDC Network. Meanwhile, high sources of high liquidity caps such as Binance-PEG USDC-holding a market cap of $ 998.2 million in BNB chain per coingecko-can now flow into the growing SUI ecosystem.
Cardano, another bridged chain, saw a 38.6% increase in the DEFI total amount locked in the last year, positioning as a strategic liquidity partner in the Wanchain network. Wanchain has previously supported USDC bridging on major blockchains using the Circle (CCTP) cross-chain transfer protocol (CCTP) and the MPC’s own MPC (multi-party computation) model.
By $ 2.26 billion in total amount locked, SUI rank in the top 10 Defi chains. A recent 37% promotion of SUI token prices over the last month has signed a growing interest of investor and developer activity. Wanchain integration can accelerate the adoption by enabling a two-way liquidity flow between the SUI and other major blockchains.
Louie emphasized the long-term vision: “Not only do we build bridges. We are actively planting a more unified and accessible web3 experience for everyone.”
The move is expected to strengthen Sui’s position in the Defi Space and catalyze new cases of use that rely on real-time, low cost mobility throughout the chain.