[PRESS RELEASE – Grand Cayman, Cayman Islands, May 20th, 2026]
A protocol-level update enables peer-to-peer stablecoin transfers on Sui without requiring users to hold SUI, reducing stablecoin transfer fees on Sui to $0.00.
Sui, designed so money moves as freely as messages, today announced the launch of gasless stablecoin transfers. This protocol-level feature allows users and businesses to send supported stablecoins on Sui without paying gas fees or maintaining a separate SUI token balance. As validators roll out the feature, stablecoin transfer fees on the Sui network are effectively $0.00.
Support is available for major stablecoins including USDsui, suiUSDe, AUSD, FDUSD, USDB, USDC, and USDY. The update aims to simplify payment workflows and remove a major barrier to stablecoin adoption: the need to hold a separate token to complete transactions.
Fireblocks, an enterprise platform that secures large-scale digital asset transactions, has integrated the gasless transfer capability ahead of the rollout as part of Sui’s broader payments ecosystem expansion. In addition, several institutional custodians and consumer wallets will support gasless transactions at launch, letting users send select stablecoins without holding or spending SUI on fees.
“Stablecoins are becoming a core part of global finance, but the infrastructure around them still creates unnecessary complexity,” said Adeniyi Abiodun, Co-Founder and CPO of Mysten Labs, an original contributor to Sui. “From the start, we’ve said it should not cost individuals fees to move their own money. With gasless stablecoin transfers, we are one step closer to making Sui the global rail for payments for businesses, AI agents, and consumers.”
Fireblocks’ integration strengthens institutional access to Sui’s payments infrastructure by enabling enterprises and financial service providers to securely manage stablecoin activity on the network through trusted digital asset infrastructure.
“The future of payments will run on stablecoin rails, but the experience for institutions still needs to catch up,” said Ran Goldi, SVP Payments & Network at Fireblocks. “Sui is making all the right moves with gasless stablecoin transfers, removing a major point of friction for enterprises building on-chain payment flows and customer experiences.”
Gasless stablecoin transfers represent a structural protocol change for single and batched peer-to-peer transfers of supported stablecoins on Sui Mainnet. This is not a subsidy, sponsorship, or temporary promotion. In a competitive market where margins matter, the launch positions Sui as a preferred stablecoin infrastructure for businesses seeking lower complexity and overhead, traders who want fewer failed transactions and less fee friction, and AI agents that will favor the most efficient payment paths for autonomous transactions.
Since August 2025, Sui has processed over $1 trillion in stablecoin transfer volume as its stablecoin ecosystem has expanded across institutional, retail, and developer use cases. Sui’s horizontally scalable architecture and object-centric design support high-frequency payment activity with consistent performance and low operational costs, making the network suitable for emerging payment applications, agentic commerce, and enterprise-grade financial systems.
The new protocol mechanisms reduce processing costs and, with gasless stablecoin transfers, remove the need for gas pre-funding and complex treasury management. The change yields simpler infrastructure for institutions and an operational model that enables agentic commerce and autonomous systems. Free transfers ensure gas fees never approach or exceed the value of the payment itself, making micropayments viable at scale.
Momentum across the Sui ecosystem highlights growing demand for scalable financial infrastructure and stablecoin payments. In 2026, multiple SUI exchange-traded products from providers including 21Shares, Grayscale, and Canary Capital launched globally, expanding institutional access. At the same time, initiatives such as Bridge-issued Sui Dollar (USDSui) and Ethena-issued eSui Dollar (SuiUSDe) have continued to grow Sui’s digital dollar ecosystem and reinforce its role as infrastructure for internet-scale finance.
Gasless stablecoin transfers are now rolling out on Sui Mainnet.
Contact: [email protected]
About Sui
Sui is a next-generation Layer 1 blockchain built for scalable finance and global payments. Founded by the core team behind Meta’s stablecoin initiative and driven by an object-centric model, Sui makes assets, permissions, and user data programmable and ownable. Sui provides primitives for builders to create high-performance payments and financial applications, including instant agentic payments. Users can learn more at sui.io.
About Fireblocks
Fireblocks is a leading digital asset infrastructure company that enables organizations to build, manage, and scale on the blockchain. Its platform supports stablecoin payments, settlement, custody, tokenization, trading, accounting, and compliance operations across a broad ecosystem of banks, payment providers, stablecoin issuers, exchanges, and custodians. Thousands of organizations, including Worldpay, BNY, Galaxy, and Revolut, use Fireblocks to secure digital asset transactions. Users can learn more at fireblocks.com.