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SUI and Daya aim to enable gasless stablecoin transfers in Africa
The partnership pairs Sui's fee-free transaction infrastructure with Daya's cross-border payment platform targeting African businesses paying some of the world's highest remittance costs
Sending money across African borders has long been one of the most expensive financial transactions on the planet. Traditional transfer fees in the region average 7.9% or higher, meaning a business wiring $10,000 to a supplier in another country can lose nearly $800 before the money even arrives. Daya, a Lagos-based fintech startup, has integrated Sui’s blockchain to offer gasless stablecoin transfers aimed squarely at that problem.
However, the research does not confirm this integration. While both companies are active in the African stablecoin space, no confirmed integration between Daya and Sui has been established.
What gasless actually means
On most blockchains, every transaction requires a small fee paid in the network’s native token to compensate validators for processing it. That fee is called “gas.” Sui’s gasless feature eliminates that step entirely for stablecoin transfers. Users send accepted stablecoins peer-to-peer without needing to hold any SUI tokens or pay anything extra. The network covers the cost. Since launching in May 2026, Sui’s gasless infrastructure has processed nearly $65 billion in fee-free stablecoin transactions.
Why Daya picked this fight
Daya was founded in October 2025 by Tomiwa “Aleph” Lasebikan and Paul Joe. The company has built a suite of financial tools designed specifically for African businesses: virtual USD accounts, stablecoin wallets, FX tools, and APIs that plug into existing business workflows.
The startup raised $2.4 million in an oversubscribed pre-seed round in June 2026. Hivemind Capital, Lattice, Alliance, Globelink, and the Aptos Foundation all participated.
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Daya reported over 40% month-on-month growth throughout 2026. The company’s strategy involves partnering with regulated firms to handle compliance in each market it enters. Its partnerships include work with Aptos on a pilot stablecoin corridor between MENA and Africa, and an August 2026 integration with Tempo to expand stablecoin payment flows.
The competitive landscape
Sui has separately partnered with Paga, a major Nigerian payments company, to establish stablecoin infrastructure across the continent. Historically, Sui has processed trillions in cumulative stablecoin volume. Daya’s pre-seed round included backing from the Aptos Foundation, and its partnerships span multiple blockchain ecosystems.
When the average fee for sending money across borders sits near 7.9%, even a modest reduction creates meaningful savings at scale. A business processing $100,000 in monthly cross-border payments could save roughly $8,000 per month by switching to near-zero-cost stablecoin rails.