Native USDC on Sui is not a new issuance; the new development is a planned integration with Samsung Wallet, which has not yet been confirmed to launch.
Sui said on November 5 that USDC on Sui is expected to become available later this month to eligible U.S. Galaxy users. Circle has issued native USDC on the Sui mainnet since 2024. Samsung says accounts, custody, and other services will be provided by regulated partners. Users must meet U.S. eligibility requirements and complete identity and biometric verification. This is a change to the distribution channel, not proof that on-chain adoption or demand for USDC has increased. Next, watch for the official launch and details on compatibility. Are you more interested in the launch date or the custody and transfer rules?
Sources: Sui https://x.com/SuiNetwork/status/2118388350231138444 ｜Samsung https://news.samsung.com/us/samsung-wallet-bring-stablecoin-access-eligible-galaxy-users-us ｜Circle https://www.circle.com/blog/now-available-native-usdc-on-sui
Disclosure: I participate in Binance Square Write to Earn and may receive content rewards. Eligibility and amounts are subject to platform rules and are not guaranteed. This is not investment advice.
$SUI $USDC #SamsungWallet
Sui said on November 5 that USDC on Sui is expected to become available later this month to eligible U.S. Galaxy users. Circle has issued native USDC on the Sui mainnet since 2024. Samsung says accounts, custody, and other services will be provided by regulated partners. Users must meet U.S. eligibility requirements and complete identity and biometric verification. This is a change to the distribution channel, not proof that on-chain adoption or demand for USDC has increased. Next, watch for the official launch and details on compatibility. Are you more interested in the launch date or the custody and transfer rules?
Sources: Sui https://x.com/SuiNetwork/status/2118388350231138444 ｜Samsung https://news.samsung.com/us/samsung-wallet-bring-stablecoin-access-eligible-galaxy-users-us ｜Circle https://www.circle.com/blog/now-available-native-usdc-on-sui
Disclosure: I participate in Binance Square Write to Earn and may receive content rewards. Eligibility and amounts are subject to platform rules and are not guaranteed. This is not investment advice.
$SUI $USDC #SamsungWallet
