Grand Cayman, Cayman Islands, July 11th, 2024, Chainwire
Zero Hash, the leading crypto and stablecoin infrastructure platform, today announced that its platform customers can now enable the SUI token from Sui, the Layer 1 blockchain in permitted jurisdictions.
Sui was designed with the objective of providing unparalleled speed, security, and scalability. It achieves near instant transaction finality and supports up to 297,000 transactions per second. Utilizing the innovative Move programming language, Sui enables developers to build advanced, secure smart contracts. The Sui blockchain has already processed over four billion transactions, showcasing its capability to support large-scale applications and services.
Zero Hash’s full stack technical and global regulatory infrastructure facilitates the compliant movement of value of fiat, crypto, and stablecoins. Zero Hash’s APIs and SDKs enable businesses to seamlessly embed blockchain technology, including Sui, with minimal friction. With access to over 65 digital assets and 22 blockchains, now including Sui, Zero Hash powers businesses to build highly connected and interoperable crypto and stablecoin products, for the new era of money movement and value transfer.
Greg Siourounis, Managing Director of the Sui Foundation, commented, “We are thrilled that Zero Hash now supports Sui. Zero Hash’s infrastructure is vital for connecting fiat and crypto economies, making it easier for businesses and users to interact with the Sui technology platform.”
Joaqin Ayuso de Paul, Global Head of Product at Zero Hash, added, “The integration of SUI blockchain into Zero Hash’s ecosystem is another example of us providing our customers simplified and compliant access to innovative technology to design new and improved ways to move value globally.”
About Sui
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and…