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Samsung Wallet Plans Gas-Free USDC Transfers on Sui

Samsung Wallet is exploring gas-free USDC transfers on Sui as the token trades below its reported 50-day moving average.

Samsung Wallet is exploring gas-free USDC transfers on Sui as the token trades below its reported 50-day moving average. USDC (USDC) is trading at $0.9994. This is an original TLT brief based on reporting by Crypto Daily, with live market data added, as of Mon, 09 Nov 2026 06:30:04 UTC.

Why it matters

Gas-free stablecoin transfers could reduce transaction friction for Samsung Wallet users and strengthen USDC activity on Sui. The reported 50-day average near $0.94 is the immediate technical level for the token’s recovery.

Key takeaways
  • Samsung Wallet plans gas-free USDC transfers on Sui
  • SUI trades at $0.824 after falling 3.32% over 24 hours
  • Crypto Daily identifies a 50-day average near $0.94
  • USDC circulating supply stands at $70.52 billion

Crypto Daily reports that Samsung Wallet plans to support gas-free USDC transfers on Sui. The proposed functionality would allow users to move the dollar-linked token through the wallet without paying Sui network gas for those transfers. The report describes SUI holding near $0.85 and identifies its 50-day moving average, currently near $0.94, as the first level that must be reclaimed during any recovery. Live market data show SUI at $0.824002, which is below the level cited in the report, with the token down 3.32% over 24 hours and 8.25% over seven days. Its market capitalization is $3.41 billion. USDC is trading at $0.999409, down 0.02% over both 24 hours and seven days, while its live market capitalization is $70.29 billion. DeFiLlama separately reports a USDC circulating supply of $70.52 billion, providing broader context for the scale of the stablecoin that Samsung Wallet plans to support on Sui. The broader crypto market is broadly lower, with total market capitalization at $2.55 trillion and Bitcoin down 1.71% over 24 hours. The Fear & Greed index stands at 29, placing sentiment in the “Fear” range. Attention now centers on whether SUI can regain the reported $0.94 moving-average level and whether the planned Samsung Wallet integration advances, as both would test the practical significance of lower-friction USDC transfers on the network.

Market reaction since this brief Live

Since this brief published about 22 hours ago, USDC (USDC) has moved from $0.9994 to $0.9994 — +0.00%.

$0.999$0.999$0.999$0.999$0.999 published · $0.999 now · $0.999 (+0.00%) Nov 8 08:08 UTC Nov 9 06:30 UTC
BeforeSince publishPublished · $0.9994
CoinAt publishNowSince publish
USDC$0.9994$0.9994+0.00%
SUI$0.824$0.8208-0.39%

The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 USDC ≈ ₦1,377.72 (about $0.9994), down 0.0% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

USDC
#5
$0.9994 ▼ 0.02%
7d -0.02%MCap $70.29BFull USDC data →
SUI
#29
$0.8208 ▼ 3.74%
-0.39% since this brief published
7d -8.25%MCap $3.40BFull SUI data →
The market when this published · November 8, 2026
Total market cap$2.55T
Bitcoin 24h-1.71%
Ethereum 24h-4.65%
BTC dominance58.6%
Fear & Greed29 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 9, 2026.

USDC circulating supply$70.51BDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Samsung Wallet Plans Gas-Free USDC Transfers on Sui — questions & answers

What is Samsung Wallet planning for Sui?

Crypto Daily reports that Samsung Wallet plans to support gas-free USDC transfers on the Sui network.

Where is SUI trading and what is its moving average?

Live data place SUI at $0.824002, while Crypto Daily cites a 50-day moving average near $0.94.

How large is the USDC supply?

DeFiLlama reports USDC circulating supply at $70.52 billion, while live market data show a market capitalization of $70.29 billion.

How much is 1 USDC worth in naira today?

About ₦1,377.72 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9994. The naira price moves with both USDC's US-dollar price and the USDT/NGN rate; use our USDC in naira page for any amount.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Crypto Daily. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 9, 2026 ⛓ Timestamped at Bitcoin block #975,139 sha256:a258c9e13fb5bd85
Based on reporting by Crypto Daily — this is an original TLT summary with live market data, not the original article.Crypto Daily · Nov 8 08:08 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.