The Good Tech Companies - Sui Launches Gasless Stablecoin Transfers With Support From Fireblocks

Episode Date: May 21, 2026

This story was originally published on HackerNoon at: https://hackernoon.com/sui-launches-gasless-stablecoin-transfers-with-support-from-fireblocks. A new protocol-level... feature enables peer-to-peer stablecoin transfers on Sui without requiring users to hold SUI, dropping current stablecoin transfer fees to Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #sui, #chainwire, #press-release, #sui-blockchain, #sui-network, #blockchain-development, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Sway launches gasless stable coin transfers with support from fireblocks by Chainwire. Grand Cayman, Cayman Islands, May 20, 2026, Chainwire, Sway, where money moves as freely as messages. Today announced the launch of gasless stable coin transfers, a new protocol level feature that enables users and businesses to send supported stable coins on sway without paying gas fees are managing a separate sway token balance. With the feature now rolling out to validators, stable coin transfer fees are $0.00 on the sway network. With support live from major stablecoins, including USDSUI, Sway USDA, AUSD, FDUSD, USDA B, USDAC, and USDAY, the feature is designed
Starting point is 00:00:52 to simplify payment workflows and remove one of the largest friction points in stablecoin mass adoption. The the requirement to hold a separate token to complete transactions. Fireblocks, the enterprise platform securing more than $14 trillion in digital asset transactions, has integrated the new solution prior to the rollout as part of Sway's broader payments ecosystem expansion. In addition, many institutional custodians in retail-facing wallets will support gasless transactions at launch, enabling users to send select stablecoins without holding or spending sway on transaction fees. Greater than stable coins are becoming are becoming a core part of global finance, but the greater than infrastructure around them still
Starting point is 00:01:32 creates unnecessary complexity, said a Denny, Abio Dune, co-founder and CPO of Meiston Labs, the original contributor to sway. Greater than, from the start, we've said it should not cost individuals' fees to move their greater than own money. With gasless stable coin transfers, we are one step closer in making greater than Sway the global rail for payments, whether they are for businesses, AI agents, greater than in consumers. Fireblocks support further strengthens the institutional accessibility of Suez Payments Infrastructure by enabling enterprises and financial service providers to securely access and manage stablecoin activity on the network through trusted digital asset infrastructure. Greater than, the future of payments will run on stablecoin rails, but the experience for greater than
Starting point is 00:02:16 institutions still needs to catch up, said Rand Goldie, SVP payments and network greater than at fireblocks. Sway is making all the right moves, with gas-lake, stable coin greater than transfers that removes a major point of friction for enterprises building greater than on-chain payment flows and customer experiences. Gasless stable coin transfers represent a structural change to how single and batched peer-to-peer transfers of supported stablecoins operate on sway mainit and are not a subsidy, sponsorship program, or temporary promotional initiative. In a competitive market where margins are everything, the launch position Sway is the default stable coin infrastructure for businesses looking to cut complexity and overhead
Starting point is 00:02:56 costs, traders who are tired of failed transactions worth friction of fees, and AI agents, who will objectively choose the cheapest path of least resistance to execute autonomous payments. Since August 2025, Sway has surpassed $1 trillion in stable coin transfer volume, while its stable coin ecosystem has continued to expand rapidly across institutional, retail, and developer use cases. Sway's horizontally scalable architecture and object-centric design allow the network to support high-frequency payment activity with predictable performance and low operational overhead, making it well-suited for emerging payment applications, agentic commerce, and enterprise-grade financial systems. These new protocol mechanisms work by dramatically cutting processing costs,
Starting point is 00:03:40 and gasless stable coin transfers build on that foundation to eliminate GASPR funding in volatile treasury management entirely. The result is seen. simpler infrastructure for institutions, and an operational and cost model that makes agentic commerce and autonomous systems work. Free transfers mean gas fees never rival or exceed the value of the payment itself, making micropayments viable A-TANY scale. Recent momentum across the sway ecosystem underscores rising demand for scalable financial infrastructure and stable coin-based payments. In 2026 alone, four SUI exchange traded products from 21 shares, grayscale, and Canary Capital launched globally, expanding institutional access to the Sway ecosystem.
Starting point is 00:04:24 At the same time, Marquis Stablecoin initiatives, including Bridge issued Sway dollar, U.S.D Sway, and Athena issued ESUI dollar, Sway U.S.DE, have continued to expand Sway's growing digital dollar ecosystem and strengthen its position AS infrastructure for Internet-scale finance. Gasless stablecoin transfers are now rolling out on Sway Mainet. To learn more about payments on Sway, visit HTTPS-Colon slash-slash-W-W-W-W. Sway, I-O, payments, contact. Media at Sway. I-O-A-B-O-U-T-Sway, where money moves as freely as messages,
Starting point is 00:05:01 is a next-generation layer one blockchain built for scalable finance and global payments. Founded by the core team behind META's stable coin initiative and powered by an object-centric model, sway makes assets, permissions, and user data programmable and ownable. Suez Permitives offer builders everything they need to create high-performance payments and financial applications, including instant agentic payments. UserScan learn more at Sway. EO About Fireblocks Fireblocks is the world's most trusted digital asset infrastructure company, empowering organizations of all sizes to build, manage and grow their business on the blockchain. With the industry's most scalable and secure platform, West streamline stablecoin payments, settlement, custody, tokenization, trading, accounting operations, and compliance reporting, enabling everything from institutional finance
Starting point is 00:05:51 to consumer-facing digital experiences across the largest ecosystem of banks, payment providers, stable coin issuers, exchanges and custodians. Thousands of organizations, including World Pay, BNY, Galaxy, and Revolut, trust FireBlocks to secure more than $14 trillion in digital asset transactions across 150 plus blockchains. Users can learn more at Fireblocks. Com Contact Sway Foundation Media at Sway. I owe this story was published as a press release by Blockmanwire under Hackernoon Business Blogging Program disclaimer. This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies are speculative, complex, and involve high risks. This can mean high prices, volatility and potential loss of your initial investment.
Starting point is 00:06:40 You should consider your financial situation, investment purposes, and consult with a financial advisor before making any investment decisions. The Hacker Noon editorial team has only verified the story for grammatical accuracy and does not endorse or guarantee the accuracy, reliability, or completeness of the thank you for listening to this Hacker Noon story, read by artificial intelligence. Visit Hackernoon.com to read, write, learn and publish.

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