News

Odaily reported that Sui posted on X that this week’s highlights include ensuring data privacy, expanding decentralized capital markets, and welcoming new teams to the network development pipeline. LoquaApp launched a privacy-first AI agent messaging app on Sui, allowing users to send messages in chats, interact with AI agents, and conduct peer-to-peer token transfers; RipStationxyz deployed rated Pokémon card trading on Sui for on-chain transactions and physical redemption; suidevelopers held a technical meeting, where kostascrypto and abhinavg6 explained the cryptography behind protocol-level confidential transfers; 0xfluid chose Hashi build to create an institutional-grade Bitcoin lending market, enabling native BTC to be used as collateral through formally verified contracts on Sui; realtbook collaborated with paga to create compliant financial bridges, offering tokenized real-world assets for African consumers and businesses; six early-stage teams—AssetoFinance, audricai, gendotpro, kash_bot, predikt_gg, and transact_sh—completed the third phase of the Sui Hydropower Fellowship; tradeonhudi announced the upcoming launch of 24/7 leveraged Asia-Pacific stock perpetual contracts targeting the South Korean, Japanese, and Hong Kong markets; Turbos_finance released its Q2 2026 report, having launched CLMM and previously achieving single-day SUI-USDC trading volumes exceeding $17 million, making it the highest-volume AMM DEX. The upcoming Sui Tunnels experiment will soon open for system testing of the network TPS upper limit under load.

On July 4, as South Korean tech blue chips bounced back, emerging market stocks recorded their largest single-day gain since mid-June. Additionally, emerging market currencies strengthened for the second consecutive day, influenced by weaker-than-expected U.S. labor market data. On Friday, the MSCI Emerging Markets Index rose by 2.2%, marking the largest single-day increase since June 15. Strong performances from South Korean chipmakers SK Hynix and Samsung Electronics offset the drag from a decline in TSMC's stock price. The Korea Composite Stock Price Index (Kospi) surged by 5.8%, partially recovering nearly 10% losses from the previous two trading days.

According to Odaily, Visa, M-Pesa, and Onafriq have launched a pilot project in the Democratic Republic of the Congo, using a US dollar-pegged stablecoin to settle cross-border mobile transactions. The pilot is targeted at scenarios such as cross-border mobile wallet top-ups, international business transactions, and remittances. The World Bank estimates that the average cost of cross-border remittances in Sub-Saharan Africa is close to 8% of the transfer amount. Previously, Visa partnered with African cryptocurrency exchange Yellow Card to explore stablecoin fund management services and international settlements. (Bitcoin.com News).