USDC Now Available on Sui

Today marks a major milestone for the Sui ecosystem—native USDC is now live on Sui Mainnet. As one of the most widely used stablecoins, USDC brings stable value transfer and liquidity to the growing Sui ecosystem.

With Sui’s DeFi TVL surging past $1 billion, the time is ripe for more stablecoin liquidity on the network. USDC’s arrival paves the way for further growth as Sui continues to shape the future of a decentralized internet.

Additionally, Cross-Chain Transfer Protocol (CCTP) will be available soon, further enhancing the interoperability of USDC on Sui. CCTP enables efficient movement of USDC between supported blockchains, including Sui. CCTP on Sui will provide powerful composability with greater safety for builders.

Getting started with USDC on Sui

There are a few ways that users can get native USDC on Sui. The first is through Circle Mint. Eligible businesses and distributors who are Circle Mint Account holders can directly access and redeem USDC through Circle Mint, the fastest and most cost-efficient way to gain access to USDC. The second way is to swap assets for USDC via one of the many DEXes built on Sui. The third way is to purchase USDC from an exchange that supports USDC on Sui, with Coinbase coming live soon. Note that users should not send bridged wUSDC on Sui to Circle, Coinbase or any other CEX's that will support native USDC on Sui.

DeFi protocols that support USDC on Sui from day one are 7k, Aftermath, Cetus, DeepBook, FlowX, Hop, Kriya, Navi Protocol, Suilend, Turbos, and Typus.

For builders, native USDC on Sui offers the largest regulated dollar-backed stablecoin to integrate into their products, potentially unlocking new opportunities. Those interested in integrating USDC can check out Circle’s developer docs to get started. 

Looking ahead

The launch of native USDC on Sui marks just the beginning of what’s possible. As Sui continues to grow, USDC will play a key role in unlocking new opportunities for DeFi, gaming, and commerce. With an innovative platform at its core, cross-chain interoperability on the horizon, and a thriving ecosystem, Sui is setting the stage for the next wave of possibilities.

Note: This content is for general educational and informational purposes only and should not be construed or relied upon as an endorsement or recommendation to buy, sell, or hold any asset, investment or financial product and does not constitute financial, legal, or tax advice.