$VELVET
StableSnapshot Window: 2026-08-02 04:20 UTC · ← Back to Crypto Overview
Tracked Posts
1
Total Impressions
5.7K
Total Likes
138
Retweets & Quotes
19
Comments
11
Social Momentum Summary
Total Engagement - Comments: 11, Retweets: 19, Likes: 138, Impressions: 5663
Verbatim Community Citations & Social Evidence 1 source posts analyzed
noticed Sui has a buyback page, but after looking into it, turns out it’s been running for quite a while the main thing is that it’s tied to stables > revenue from Sui stables like USDsui and suiUSDe is used to buy SUI on the open market onchain > the SUI isn’t burned after the
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AI visual note: This image from Sui's website details how stablecoin revenue, totaling $2.2M YTD, is used to buy back 300.0K SUI, with $442.2M in total stablecoin supply circulating. The text "Stablecoin growth pays for buybacks" reinforces the post's explanation of this mechanism.