Companies

Sui says it is now settlement infrastructure for Daya HQ in Africa payments push

Sui Network said it is now live as settlement infrastructure for Daya HQ, a move it says will allow African businesses to make gasless stablecoin transfers and rebalance treasuries for cross-border payments.

The announcement was published on Sui’s official social account and points readers to a blog post with more detail on the integration and its intended use across Africa. Based on the wording, the development is positioned as a payments and settlement layer for business transfers rather than a broader consumer launch.

Sui said the setup is aimed at supporting cross-border payments by reducing the need for businesses to pay gas fees when moving stablecoins. It also said the integration will help with treasury rebalancing, though the company did not outline transaction volumes, rollout timelines or any usage figures in the post.

Africa-focused stablecoin settlement

The public framing centers on African businesses and developers, with Sui describing the integration as relevant to payments activity across the region. The announcement does not add further detail on which stablecoins are supported or how the treasury-rebalancing process is structured.

For now, the clearest confirmed change is that Sui says it is live in this role for Daya HQ. The practical significance will depend on whether the integration sees sustained use by businesses handling cross-border transfers, but the announcement itself stops short of giving adoption data.