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Home/Crypto News
Crypto News

Sui Removes Gas Fees for USDC and Six Other Stablecoins on Mainnet

Author
Austin Mwendia
Austin Mwendia
Crypto Writer
Fact Checked by Joshua Downes
Last updated: May 22, 2026
Cryptocurrency trading is speculative and your capital is at risk when you trade. We may earn affiliate commissions from some of the products on this page - at no extra cost to you.
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Sui Removes Gas Fees for USDC and Six Other Stablecoins on Mainnet

Highlights:

  • Sui launched fee-free stablecoin transfers for seven supported assets on its Layer 1 mainnet.
  • Gas fees no longer apply to supported stablecoin transfers on the Sui Network.
  • Fireblocks and several crypto wallets integrated the gasless payment feature during the rollout.

The Sui Network launched gasless stablecoin transfers on its Layer 1 mainnet, which allows users and businesses to send supported stablecoins without paying network fees. The update also removes the requirement to hold SUI tokens before transferring supported stablecoins across the network. As a result, eligible stablecoin transfers on the network now carry a $0.00 transaction fee.

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LATEST: ⚡️ Sui has launched gasless stablecoin transfers for 7 tokens, including USDC, eliminating transaction fees as it targets global payments. pic.twitter.com/trMYcwKnLq

— CoinMarketCap (@CoinMarketCap) May 22, 2026

Sui validators started deploying gasless stablecoin transfers across the Layer 1 mainnet after the May 20 launch. The gasless transfer feature currently supports USDsui, suiUSDe, AUSD, FDUSD, USDB, USDC, and USDY stablecoins on the Sui mainnet. The network launched the update to remove one of the biggest barriers in blockchain payments. Most blockchain networks still require users to hold native gas tokens before transferring stablecoins.

Users, merchants, and businesses often spend extra money acquiring native gas tokens before processing stablecoin transactions. Therefore, Sui now allows supported stablecoins to operate as standalone payment assets without requiring separate SUI balances for transaction fees. The Sui team also integrated the feature directly into the protocol as a permanent infrastructure update instead of a temporary campaign.

The Fireblocks platform integrated the no gas fees feature before the public rollout began. Fireblocks said gasless transfers can simplify onchain payment integration for enterprise clients. Sui also confirmed that institutional custodians and retail-focused crypto wallets integrated gasless stablecoin transfers from launch day.

Gas Fees No Longer Stand in the Way of Stablecoin Payments

The Sui Network launched the no gas fees feature alongside Address Balances, a new account-style balance system for digital assets on the blockchain. Address Balances allows users to store and transfer supported stablecoins through an account-style balance system on the Sui blockchain. Sui said the system processes single and batch peer-to-peer transfers without reducing network speed or scalability.

Address Balances on Sui 🧵

It's the primitive that makes gasless stablecoin transfers possible – and it's a complete rethink of how balance tracking works onchain.

Here's how:

— Sui Developers (@suidevelopers) April 22, 2026

The Sui team said the infrastructure can support fintech firms, institutional users, merchants, and payment applications handling large stablecoin transaction volumes. The network also launched the update to support AI-driven commerce and automated payment systems requiring continuous stablecoin settlement flows.

Meanwhile, Adeniyi Abiodun, Co-Founder and CPO of Mysten Labs, stated:

“Stablecoins are becoming a core part of global finance, but the infrastructure around them still creates unnecessary complexity. With gasless stablecoin transfers, we are one step closer to making Sui the global rail for payments, whether they are for businesses, AI agents, and consumers.”

Sui processed more than $1 trillion in stablecoin transfer volume between August and May this year. The network also launched the USDsui stablecoin in March with a one-to-one peg to the US dollar. In addition, four SUI exchange-traded products launched globally this year.

SUI Price Holds Key Support After Gasless Transfer Rollout

SUI, the native coin of the Sui blockchain, has reacted positively to the recent gas fees development. The coin is currently trading at around $9.82, with a 2.82% increase in the past day. Its trading volume has decreased by 18.36% to $321 million, while the market cap stands at $7.14 billion.

SUI Price Chart: CoinMarketCap

On the daily chart, SUI is holding above the $1.124 support zone after months of heavy selling pressure and prolonged consolidation. Earlier, the market erased nearly all bullish momentum after the sharp collapse from the $3.5 region.

Source: TradingView

SUI recently attempted a breakout above $1.358 before sellers forced another rejection. Reclaiming $1.3580 could shift momentum higher and expose the $1.87 price region, as predicted by Crypto2Community analysts.

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Tags

Gas Feeslayer-1stablecoinsSui blockchainUSDC
Austin Mwendia
Author

Austin Mwendia

Austin Mwendia is a passionate crypto journalist with three years of experience. He has contributed to various media outlets, covering blockchain technology, market analysis, and financial trends. He is committed to educating readers and expanding the adoption of blockchain and decentralized finance.

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ℹ️About Crypto2Community's Editorial Process

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