Strictly speaking, the “stablecoin” concept covers many types (fiat-backed, crypto-collateralized, algorithmic). In the context of your question — creating a token whose market trading price remains stable — one commonly used method is to use a CLMM (concentrated liquidity) style pool and set a narrow price range so the token trades near a target price. That is the mechanism people often call a “stable pool.”
If you already minted a token on Sui, you can use a stable-pool creation tool (like PandaTool’s) to create a stable-style liquidity pool on Sui and attempt to keep the price near 1 USD via concentrated liquidity. The mechanical idea is the same as on Solana: concentrate liquidity around a peg and rely on market makers/arbitrage to keep price within the band.
Sui-specific notes & considerations:
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Sui uses the Move language and a different token/metadata stack than EVM/SPL — the exact steps to attach metadata and to integrate with DEXs will therefore differ.
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Make sure the pool implementation is compatible with Sui’s DEX architecture (CLMM vs. AMM).
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Same caveats as on other chains: this is a market-driven peg, not a redemption promise unless you pair it with reserves or an off-chain custodian.
Practical recommendations:
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Ensure your pool contract is compatible with major Sui DEXs or the router you plan to use.
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Provide sufficient liquidity and consider LP incentives.
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Audit Move contracts and verify how token metadata is handled on Sui.
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Clear user disclosures and legal checks are recommended.
Tool link (as you provided):
PandaTool stable pool creation for Sui: https://sui.pandatool.org/createpool