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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 4 sources · 21 days · First seen · Last updated
Sui Network stablecoin payment integrations
Overview
Sui Network has expanded its utility through strategic partnerships focused on stablecoin payment infrastructure. Initially, the network partnered with Daya HQ to serve as settlement infrastructure for African businesses, facilitating cross-border payments and treasury management in regions including Nigeria, with plans for expansion into South Africa, Ghana, and Kenya.
The network’s application subsequently moved into the artificial intelligence sector through a collaboration with Alibaba Cloud. This partnership enables AI agents to autonomously purchase cloud services, such as computing power or data consultation, using USDC. Similar to the previous initiative, this model utilizes a system to cover network fees, allowing agents to settle transactions without holding native SUI tokens.
Entities
Sui Network · Sui Agent Payments · Sui · Daya HQ · Alibaba Cloud
Timeline
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[TECHNOLOGY] 2 sourcesSui and Alibaba Cloud partner for AI agent stablecoin payments
Sui and Alibaba Cloud are collaborating to allow AI agents to pay for cloud services using stablecoins on the Sui blockchain, with users setting predefined budgets.
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[BUSINESS] 2 sourcesSui Network partners with Daya HQ for African stablecoin payments
Sui Network has integrated with Daya HQ to provide gasless stablecoin settlement infrastructure for African businesses, supporting cross-border payments and treasury management.
Sources
capital.fr · journalducoin.com · thecryptocurrencypost.net · tronweekly.com