We're excited about Circle's latest announcement introducing USDC to the Sui network! Discover how Circle Mint and Circle APIs fully support USDC on Sui, providing easy access to USDC liquidity and unlocking the benefits of Sui's innovative features.

What is Sui?

At its core, Sui is a permissionless Layer-1 platform meticulously designed to streamline and enhance the development of applications across the Web3 spectrum. With its testnet launching in August 2022 and the mainnet going live on May 3, 2023, Sui quickly made a significant impact on the blockchain scene.

What is USDC on Sui?

Circle is introducing native USDC to Sui, building a strong foundation for developers working on the platform by adding trust to the ecosystem. Native USDC is redeemable 1:1 for US dollars.

On Sui, there is also a 'bridged' version of USDC called wUSDC, which is transferred from Ethereum via Wormhole.

Why does Sui benefit from native USDC?

Exchanges, digital wallets, institutional traders, and developers can access USDC on Sui via Circle Mint and Circle APIs for a variety of use cases, such as:

• Building dollar-backed financial products across DeFi, gaming, DePIN, e-commerce, and more.
• Creating new and innovative DeFi applications.
• Holding savings in digital dollars without needing a traditional bank account.

USDC on Sui will also be available on Coinbase soon.

How to get native USDC on Sui with Nightly?

It's as easy as it gets.

• Go to the swap tab.
• Find USDC.
• Make your swap now!

Where to start with native USDC on Sui?

Of course, with Nightly 👑 Try it yourself!