Sending money across African borders has long been one of the most expensive financial transactions on the planet. Traditional transfer fees in the region average 7.9% or higher, meaning a business wiring $10,000 to a supplier in another country can lose nearly $800 before the money even arrives. Daya, a Lagos-based fintech startup, has integrated Sui’s blockchain to offer gasless stablecoin transfers aimed squarely at that problem. However, the research does not confirm this integration. While both companies are active in the African stablecoin space, no confirmed integration between Daya and Sui has been established. What gasless actually means On most blockchains, every transaction requires a small fee paid in the network’s native token to compensate validators for processing it. That fee is called “gas.” Sui’s gasless feature eliminates that step entirely for stablecoin transfers. Users send accepted stablecoins peer-to-peer without needing to hold any SUI tokens or pay anything extra. The network covers the cost. Since launching in May 2026, Sui’s gasless infrastructure has processed nearly $65 billion in fee-free stablecoin transactions. Why Daya picked this fight Daya was fo...
SUI and Daya aim to enable gasless stablecoin transfers in Africa
3 days ago
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