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Sui blockchain enables gasless stablecoin transfers, processing $65B in five days.

Protocol Fundamentals
07 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Sui Network has become the first Layer-1 blockchain to eliminate gas fees for stablecoin transfers at the protocol level, meaning users no longer need to pay transaction fees in native tokens when sending stablecoins. This feature, activated on May 20, 2026, uses a new system called Address Balances to absorb transfer costs directly within the network infrastructure. Within five days, Sui processed nearly $65 billion in stablecoin transfers, highlighting strong adoption. However, concerns remain about the long-term sustainability of this model, as gas fees traditionally help prevent spam and support validators' revenue.

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