Experience the power of USDC on Sui
Sui is a layer-1 (L1) blockchain that offers fast, secure, scalable, and affordable infrastructure for developers building on-chain apps. Boasting a rising DeFi and gaming ecosystem, Sui is home to 85+ apps and more in development.1 Sui is the first blockchain based on the Move programming language to support native USDC.
As a general-purpose blockchain, Sui enables businesses and developers to build apps for a variety of use cases, including DeFi, gaming, DePIN, and ecommerce. With the arrival of USDC, developers can build with the largest regulated dollar-backed stablecoin in the industry.
Benefits of native USDC:
- Regulated,2 fully reserved and redeemable 1:1 for US dollars
- Enables institutional on/off-ramps like Circle Mint for eligible users
- Easy integration into your existing dApps
Accessing USDC on
Sui
Businesses can access USDC on Sui from a Circle Mint account, as well as digital asset exchanges and apps on Sui. Regardless of your choice, it’s easy to get started.
Open a Circle Mint account
Submit your business information and we’ll get the account opening process started.
Create a deposit
Once approved, you can deposit funds into your Circle Mint account via wire transfer. All funds will settle seamlessly in USDC.
Choose USDC on Sui
You can use a Circle Mint account to directly convert fiat to USDC on Sui, and easily convert back to fiat the same way. Circle Mint also enables you to swap USDC across supported blockchains, such as swapping USDC on Ethereum for USDC on Sui, without needing a third-party bridge. USDC on Sui is redeemable 1:1 for US dollars.3
Top USDC on
Sui
Builders choose USDC on
Sui
for their users.
Here are some examples of popular apps.
FAQ
Yes, USDC is native to Sui and can be found at this contract address. Bridged forms of USDC, such as wUSDC, are not issued by Circle nor supported by Circle Mint and Circle APIs.
*Please do not attempt to send bridged wUSDC on Sui to your Circle Mint account, as it may not be recoverable and could result in a loss of funds.*
To learn more about native USDC vs. bridged wUSDC, please see our blog.
Circle Mint enables its users—liquidity providers and qualified businesses—to redeem USDC 1:1 for USD. Developers and users can use digital wallets and exchanges to convert between USDC and local currency.
Yes, USDC on Sui can be easily swapped to USDC on any other supported blockchain with Circle Mint and Circle APIs.
*Please do not attempt to send bridged wUSDC on Sui to your Circle Mint account, as it may not be recoverable and could result in a loss of funds.*
Please see the Bridged USDC to Native USDC Migration Guide for Sui for details.
Swap USDC
across chains
Programmatically move USDC from one chain to another. Circle APIs make it easy for wallets, exchanges, custodians and more to rebalance their holdings of USDC across supported chains at no additional cost.
Maximize your vision. Do more with USDC.
As an open-source, programmable dollar with global reach, USDC is powerful market infrastructure you can begin building with immediately. Developers leverage Circle APIs to do even more with USDC.
1. https://sui.directory/ (Last accessed: Oct 7, 2024)
2. A full list of Circle’s licenses can be found here
3. Circle Mint customers can redeem USDC 1:1 for USD directly with Circle.