Sui Network Launches Gasless Stablecoin Transfers, SUI Up 7.11% in 24 Hours

According to BanklessTimes, Sui Network launched gasless stablecoin transfers on its mainnet on May 20, 2026, allowing users to send supported stablecoins without paying gas fees or holding SUI tokens. The feature immediately triggered a price surge, with SUI rising 7.11 percent within 24 hours and trading volume surging 48.46 percent to $734.6 million.

The protocol supports seven major stablecoins: USDsui, suiUSDe, AUSD, FDUSD, USDB, USDC, and USDY. Fireblocks, the enterprise platform securing over $14 trillion in digital asset transactions, integrated the solution before rollout, providing institutional-grade infrastructure for the feature.