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Sui Launches Gasless Stablecoin Transfers With Support From Fireblocks

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A new protocol-level feature enables peer-to-peer stablecoin transfers on Sui without requiring users to hold SUI, dropping current stablecoin transfer fees to $0.00.

GRAND CAYMAN, Cayman Islands, May 20, 2026 /PRNewswire/ — Sui, where money moves as freely as messages, today announced the launch of gasless stablecoin transfers, a new protocol-level feature that enables users and businesses to send supported stablecoins on Sui without paying gas fees or managing a separate SUI token balance. With the feature now rolling out to validators, stablecoin transfer fees are $0.00 on the Sui network.

With support live from major stablecoins, including USDsui, suiUSDe, AUSD, FDUSD, USDB, USDC, and USDY, the feature is designed to simplify payment workflows and remove one of the largest friction points in stablecoin mass adoption: the requirement to hold a separate token to complete transactions.

Fireblocks, the enterprise platform securing more than $14 trillion in digital asset transactions, has integrated the new solution prior to the rollout as part of Sui’s broader payments ecosystem expansion. In addition, many institutional custodians and retail-facing wallets will support gasless transactions at launch, enabling users to send select stablecoins without holding or spending SUI on transaction fees.

Stablecoins are becoming a core part of global finance, but the infrastructure around them still creates unnecessary complexity,” said Adeniyi Abiodun, Co-Founder and CPO of Mysten Labs, the original contributor to Sui. “From the start, we’ve said it should not cost individuals fees to move their own money. With gasless stablecoin transfers, we are one step closer in making Sui the global rail for payments, whether they are for businesses, AI agents, and consumers.”

Fireblocks’ support further strengthens the institutional accessibility of Sui’s payments infrastructure by enabling enterprises and financial service providers to securely access and manage stablecoin activity on the network through trusted digital asset infrastructure.

“The future of payments will run on stablecoin rails, but the experience for institutions still needs to catch up,” said Ran Goldi, SVP Payments & Network at Fireblocks. “Sui is making all the right moves, with gasless stablecoin transfers that removes a major point of friction for enterprises building onchain payment flows and customer experiences.”

Gasless stablecoin transfers represent a structural change to how single and batched peer-to-peer transfers of supported stablecoins operate on Sui Mainnet and are not a subsidy, sponsorship program, or temporary promotional initiative. In a competitive market where margins are everything, the launch positions Sui as the default stablecoin infrastructure for businesses looking to cut complexity and overhead costs, traders who are tired of failed transactions or the friction of fees, and AI agents, who will objectively choose the cheapest path of least resistance to execute autonomous payments.

Since August 2025, Sui has surpassed $1 trillion in stablecoin transfer volume, while its stablecoin ecosystem has continued to expand rapidly across institutional, retail, and developer use cases. Sui’s horizontally scalable architecture and object-centric design allow the network to support high-frequency payment activity with predictable performance and low operational overhead, making it well-suited for emerging payment applications, agentic commerce, and enterprise-grade financial systems.

These new protocol mechanisms work by dramatically cutting processing costs, and gasless stablecoin transfers build on that foundation to eliminate gas pre-funding and volatile treasury management entirely. The result is simpler infrastructure for institutions, and an operational and cost model that makes agentic commerce and autonomous systems work. Free transfers mean gas fees never rival or exceed the value of the payment itself, making micropayments viable at any scale.

Recent momentum across the Sui ecosystem underscores rising demand for scalable financial infrastructure and stablecoin-based payments. In 2026 alone, four SUI exchange-traded products from 21Shares, Grayscale, and Canary Capital launched globally, expanding institutional access to the Sui ecosystem. At the same time, marquee stablecoin initiatives, including Bridge-issued Sui Dollar (USDSui) and Ethena-issued eSui Dollar (SuiUSDe), have continued to expand Sui’s growing digital dollar ecosystem and strengthen its position as infrastructure for internet-scale finance.

Gasless stablecoin transfers are now rolling out on Sui Mainnet. To learn more about payments on Sui, visit https://www.sui.io/payments.

Contact: media@sui.io

About Sui
Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for scalable finance and global payments. Founded by the core team behind Meta’s stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and ownable. Sui’s primitives offer builders everything they need to create high-performance payments and financial applications, including instant agentic payments. Learn more at sui.io.

About Fireblocks
Fireblocks is the world’s most trusted digital asset infrastructure company, empowering organizations of all sizes to build, manage and grow their business on the blockchain. With the industry’s most scalable and secure platform, we streamline stablecoin payments, settlement, custody, tokenization, trading, accounting operations, and compliance reporting — enabling everything from institutional finance to consumer-facing digital experiences across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges and custodians. Thousands of organizations — including Worldpay, BNY, Galaxy, and Revolut — trust Fireblocks to secure more than $14 trillion in digital asset transactions across 150+ blockchains. Learn more at fireblocks.com.

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LG ELECTRONICS EARNS NVIDIA AI FACTORY VALIDATION FOR ITS 600KW COOLANT DISTRIBUTION UNIT

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Certification Validates LG’s Advanced Thermal Management Technology and Solidifies
the Partnership With NVIDIA, Accelerating AI Infrastructure Expansion

News Summary

LG Electronics has achieved NVIDIA certification for its 600kW Coolant Distribution Unit (CDU), meeting over 100 rigorous evaluation criteria for AI Factory standardization.The certification positions LG as an official NVIDIA partner for AI Factory infrastructure, serving as a trust signal that helps minimize procurement risks for global data center operators.LG Electronics offers a comprehensive Chip-to-Chiller portfolio for AI data centers, spanning from chillers, Coolant Distribution Units (CDUs) and cold plates.

SEOUL, South Korea, July 27, 2026 /PRNewswire/ — LG Electronics (LG) has secured official NVIDIA certification for its 600kW Coolant Distribution Unit (CDU). This milestone validates the reliability and efficiency of LG’s liquid cooling solutions and thermal management technology with NVIDIA’s AI infrastructure standards, supporting the company’s continued expansion in the AI data center cooling market.

Reliable Partner for Global Hyperscalers

As one of the select few companies globally to pass NVIDIA’s technical verification process, LG successfully validated its 600kW CDU against more than 100 technical evaluation criteria. These metrics are designed to standardize cooling performance, reliability and failover capabilities for high-density AI Factories.

The certification marks a strategic milestone for LG, strengthening the company’s position as an officially verified NVIDIA partner for AI Factory infrastructure. For global hyperscalers and data center operators, this designation provides greater confidence in supplier selection by reducing procurement risks and accelerating qualification for large-scale AI infrastructure deployments.

Chip-To-Chiller Cooling Solution Provider 

LG’s NVIDIA-certified 600kW CDU is engineered to manage the thermal demands of high-heat AI GPUs. By implementing a Direct-to-Chip (DTC) liquid cooling solution that delivers coolant directly to heat-generating components such as GPUs and CPUs, the unit creates a highly efficient “hybrid cooling” system that operates in synergy with existing air-cooling infrastructure.

The unit is designed to achieve a temperature control precision of ±0.25 degrees Celsius*, helping enhance system thermal stability and support reliable AI server operation. It also integrates virtual sensor technology for real-time monitoring and leak detection capabilities. Paired with LG’s Data Center Cooling Control Manager (DCCM), the solution enables predictive control and centralized monitoring, while supporting seamless integration with data center management systems through standard communication protocols.

To ensure comprehensive reliability, LG evaluates these solutions at its dedicated Chip-to-Chiller validation site in Pyeongtaek. Here, the company tests system-wide transient responses, temperature changes and low-load stability across the entire cooling chain—from the AI chip load and cold plates to the CDU and chiller. By meeting NVIDIA’s strict failover requirements, the CDU is engineered to maintain operational stability even under highly demanding conditions.

LG aims to further solidify its position as a trusted AI data center infrastructure partner with a comprehensive “Chip-to-Chiller” portfolio, offering end-to-end thermal management solutions from the chip level to the cooling plant. The company’s end-to-end offering includes chillers that produce chilled water, CDUs that distribute coolant and cold plates that deliver cooling directly to AI chips—the core components of liquid cooling systems for AI data centers.

Expanding AI Infrastructure Capabilities

This certification serves as the starting point for LG’s broader AI infrastructure business expansion. Moving forward, LG plans to sequentially secure NVIDIA certifications for entire large-capacity CDU lineups, including its 1MW, 2.5MW and 4MW models.

Backed by 60 years of engineering expertise in the HVAC sector, LG’s CDUs are designed for high-density AI data center environments, offering precise temperature control, advanced control capabilities and high reliability. The company also strengthens its competitiveness by producing key components in-house, including inverter systems and magnetic bearing compressors—core technologies widely applied across its chiller portfolio.

LG has recently secured major global data center cooling projects, including hyperscaler facilities in North America and the Sinar Mas data center, SM+ Data Center’s flagship AI-ready facility in Jakarta, Indonesia. By leveraging its core technological capabilities, LG aims to expand global orders and strategic partnerships in the next-generation AI data center market.

“As AI data centers continue to scale, the need for highly reliable liquid cooling solutions has never been greater,” said James Lee, president of the LG ES Company. “Leveraging our advanced cooling technologies together with the LG Group’s integrated infrastructure capabilities, we are expanding our AI infrastructure business with end-to-end solutions that help enable Physical AI, where AI creates value in real-world environments.”

* Performance results, including temperature control precision and component lifespan, may vary depending on actual operating environments, server loads and conditions.

About LG Electronics Eco Solution Company

The LG Eco Solution Company (ES) offers advanced air conditioning solutions, including chillers, for diverse sectors and climates. Committed to exceptional HVAC performance, the ES Company aims to enhance indoor comfort and well-being with innovative air care products. Leveraging deep industry expertise, it offers digitalized HVAC solutions designed for better life. As a trusted partner, the company integrates cutting-edge technology into daily operations while offering ongoing support. For more information, please visit www.LG.com/global/business/hvac.

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VT Markets Gold Cup 2026 Offers Traders Up to USD 200,000 and A Spot in the Island Finale

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SYDNEY, July 27, 2026 /PRNewswire/ — VT Markets, a global multi-asset broker, today announced the launch of VT Markets Gold Cup 2026, a global trading competition open to clients across the globe. Set against the backdrop of global sports fever, the competition kicks off its regional series from 3 August to 13 September 2026, culminating in an exclusive Island Finale later this year.

The trading competition features one of the largest prize pools for an online trading competition this year, with up to USD 200,000 in total prizes. Participants compete across a regional leaderboard that refreshes hourly, ranked by their Total Profit Percentage (%) to measure strategic account growth rather than starting capital. Emerging at the top of your region demands exceptional skill, and top regional performers will earn cash prizes and an invitation to the Island Finale to compete with the best of the best.

To participate in the VT Markets Gold Cup, traders must open a live account, complete KYC verification, and opt in via the Client Portal. The first 100 opt-ins per region will also receive a USD 10 trading credit. Maintaining a consistent net deposit of USD 1,000 is required throughout the campaign, and any withdrawals or internal transfers will result in immediate disqualification to preserve ranking stability. Leaderboard qualification also requires a minimum cumulative volume of 10 lots, and positions must be held for at least 5 minutes. For full terms and conditions, eligibility criteria, and additional bonuses and rewards, please visit https://www.vtgoldcup.com/

About VT Markets

VT Markets is a regulated multi-asset broker with a presence in over 160 countries as of today. It has earned numerous international accolades including Best Online Trading and Fastest Growing Broker. In line with its mission to make trading accessible to all, VT Markets offers comprehensive access to over 1,000 financial instruments and clients benefit from a seamless trading experience via its award-winning mobile application.

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Sungrow Powers the Nordics’ Largest Commissioned BESS Project in Sweden with PowerTitan 2

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STOCKHOLM, July 27, 2026 /PRNewswire/ — The largest battery energy storage system (BESS) project in the Nordics in Ånge, Sweden has now been taken into commercial operation. Sungrow, a global leader in battery storage and PV inverters, delivered its utility BESS PowerTitan 2.0 for the 70 MW / 160 MWh battery system developed by Delta Capacity. Designed to deliver high reliability and efficiency, the system is built to operate under challenging Nordic weather conditions and extreme temperature variations.

The Ånge BESS will contribute to balancing Sweden’s power system, offering rapid response capabilities and capacity for both frequency regulation and arbitrage across the volatile Nordic power market. Sweden’s battery storage market is expanding rapidly as the country’s energy transition accelerates. The regulatory framework has enabled battery storage to participate in balancing markets, turning it into a revenue-generating asset, according to a report from SolarPower Europe. Sweden and Finland together installed more than 1 GWh of new battery capacity in 2025[1].

“Ånge is a great example of how large-scale energy storage is built in practice. Fast, at the right scale, and with the right partners like Delta Capacity. Our role is to be a long-term partner and contribute to expanding renewable energy capacity in Sweden,” says Samer Nameer, Country Manager Sweden at Sungrow.

Fast deployment for the Nordic energy transition

The Ånge project is owned by a joint venture between WOOD & Company Renewables Sub-Fund and Delta Capacity, which has led the project from design to completion. From procurement start to commercial operation took 15 months. The facility is located in bidding zone SE2 and contributes to balancing the Swedish power system.

Patrik Hes, CEO of Delta Capacity: “The Nordic energy transition is moving fast and requires infrastructure that keeps the same pace. Sweden has great renewable resources, but flexibility is missing and that is exactly what Ånge provides. 160 MWh of storage, delivered in 15 months. Delta Capacity’s goal is to keep building faster and at a greater scale. The energy transition cannot wait.”

The project was acquired from RES in February 2025. Other suppliers in the project are Stenger & Ibsen Construction, Rejlers, Green Power Monitor, Solvina and Ellevio. Centrica Energy manages the buying and selling of electricity for the facility around the clock.

Local presence with a global footprint

Sungrow Europe currently has 25 local offices, two research and development centres and 26 warehouses across Europe. The Swedish team with dedicated experts for Services, and energy solutions is based in Stockholm, with other Scandinavian offices in Malmö, Copenhagen and Helsinki. Among its most recent projects in the Nordic region are the Nordic region’s largest solar roof in Sweden[2] (14 MW) and the northernmost solar project in Finland[3] (70 MW).”

About Sungrow
Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 29 years. As of Dec 2025, Sungrow has installed over 1000 GW of power electronic converters worldwide. The company is recognized as the world’s most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experiences. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com/en

About Delta Capacity
Founded in 2022, Swiss-based Delta Capacity is driven by its vision to develop, acquire, and own and operate utility-scale battery storage across Europe. The company is scaling quickly while maintaining a consistent focus on asset quality—prioritizing designs that support high availability, efficient performance, and bankable operating outcomes. The rapidly growing team brings decades of experience across large infrastructure, renewable energy, energy trading, and software development. Delta Capacity currently has nearly 800 MWh under construction and targets the build-out, commissioning, and operation of more than 6 GWh of flexible assets by 2030.

 

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