Lookonchain APP

App Store

Sui Launches "Fee-Free Stablecoin Transfer" Feature

54 minutes ago

May 21. Official sources confirm Sui has launched its "Gas-Free Stablecoin Transfer" feature. Users and businesses can now send stablecoins peer-to-peer on the network with zero gas fees, no requirement to hold extra SUI token balances—meaning stablecoin transfers on the Sui network are officially $0. The feature is backed by Fireblocks and is rolling out gradually on the Sui mainnet. This upgrade supports a range of stablecoins including USDsui, SuiUSDe, AUSD, FDUSD, USDB, USDC, and USDY. Adeniyi Abiodun, Sui’s co-founder and Mysten Labs CPO, noted that stablecoins are emerging as critical global financial infrastructure, but users still face added complexity from having to manage gas tokens separately. The Gas-Free Transfer feature eliminates that barrier, making on-chain payments simpler, more predictable, and easier to adopt. Built on Address Balances—Sui’s new synchronized account balance system—the feature streamlines on-chain fund storage and transfer processes while maintaining the network’s high performance and scalability. Since August 2025, total stablecoin transfer volume on Sui has topped $1 trillion. Officials say this upgrade will further cement Sui’s position as a core stablecoin infrastructure for enterprise payments, fintech, and AI Agent automated payment use cases.
Relevant content

Source: Insider According to sources: Trump plans to sign AI cybersecurity executive order as early as Thursday

May 21 — per sources familiar with the matter — U.S. President Trump is expected to issue an executive order as early as Thursday aimed at bolstering artificial intelligence cybersecurity, and has invited tech industry leaders to join the signing event. The order Trump is set to sign would revamp the existing cybersecurity information-sharing program to include AI companies, but it will not mandate federal approval for state-of-the-art AI models. Instead, it will call for the government to conduct voluntary testing of advanced AI systems to spot and fix vulnerabilities in federal, state, and local networks, as well as U.S. critical infrastructure, with no need for broad new regulations. Invitations have been extended to several tech executives for Thursday’s White House signing ceremony, though it’s still unclear who will actually attend.

4 minutes ago

The US Government's New Framework Proposes Requiring AI Labs to Share Models with the Government Up to 90 Days Before Release

May 21 (The Information) — The White House briefed Anthropic, OpenAI, and other AI companies on a voluntary "pre-release model evaluation" program Tuesday. A U.S. government framework requires AI labs to share their models up to 90 days prior to release, and the administration could sign an executive order as early as Thursday to put this framework in place.

4 minutes ago

A smart trader who made $1.4M on $ALON spent $12.6K to buy 5M $VIRL over the past 2 days.

A smart trader who made $1.4M on $ALON spent $12.6K to buy 5M $VIRL over the past 2 days, right after $VIRL was added to the Pump.fun ecosystem page.

4 minutes ago

Hyperliquid TVL Surpasses Solana

May 21: According to HTX market data, HYPE is currently trading at $56.2. Hyperliquid’s fully diluted valuation (FDV) has reached $541.07 billion, surpassing Solana’s $540.82 billion FDV.

4 minutes ago

If Bitcoin surpasses $80,000, the mainstream CEX's total short liquidation volume will reach $947 million.

May 21, data from Coinglass indicates that if Bitcoin breaks above $80,000, the total short liquidations across major centralized crypto exchanges (CEXs) will reach $9.47 billion. In contrast, if Bitcoin falls below $76,000, total long liquidations on these mainstream CEXs will hit $8.99 billion. BlockBeats Clarification: Liquidation charts do not display the exact number of contracts or precise contract values set to be liquidated. The bars on these charts instead represent the relative significance of each liquidation cluster compared to neighboring clusters—this is what the "strength" of liquidations refers to. Put simply, these charts show how much the price will be affected once it reaches a specific level. A taller "liquidation bar" means the price will see a more intense movement driven by a liquidity cascade as soon as that price point is hit.

4 minutes ago

Bitcoin Surges Above $78,000

May 21st, per HTX market data, Bitcoin has rebounded past $78,000, now trading at $78,026, notching a 1.71% 24-hour gain.

4 minutes ago