Embedded Global Accounts, Zero Fees @Kravataweb3 has deployed its payment and collection infrastructure on the @SuiNetwork, bringing stablecoin-powered embedded global accounts and instant cr
@Kravataweb3 has deployed its payment and collection infrastructure on the @SuiNetwork, bringing stablecoin-powered embedded global accounts and instant cross-border settlement to retail and commercial users. The rollout introduces a zero-gas-fee model, removing what has long been one of the primary friction points for businesses and consumers looking to use stablecoins in everyday transactions.
The integration brings regulated stablecoin infrastructure to Latin America, covering stablecoin transfers, payouts, and embeddable global accounts, with zero gas fees and settlement in seconds.Kravata's existing network spans five million users across the region.
The timing aligns with a broader structural shift on Sui. In May 2026, Sui announced the launch of gasless stablecoin transfers, a protocol-level feature that enables users and businesses to send supported stablecoins without paying gas fees or managing a separate SUI token balance.Supported assets include USDsui, suiUSDe, AUSD, FDUSD, USDB, USDC, and USDY.Mysten Labs has framed the mechanism as structural rather than promotional, describing it as "not a subsidy, sponsorship program, or temporary promotional initiative."
Kravata is a technological infrastructure platform headquartered in Colombia, founded in 2021, focused on providing safe, economical, and agile access to digital assets from local currency.The company is backed by international funds including Volt Capital and Framework Ventures, as well as Circle Ventures, the venture arm behind USDC.
From 2024, Kravata began embedding its stablecoin infrastructure into banks, super apps, and neobanks, with users depositing local fiat that is auto-converted into stablecoins in-app and reconverted at payment time.The company's growth strategy is anchored in blockchain technology, offering services such as currency conversions to stablecoins, cross-border payments, global accounts, and compliance tools.
For emerging markets where access to dollar-denominated accounts remains limited, the combination of Kravata's infrastructure and Sui's fee-free settlement layer lowers the bar for adoption considerably. Eliminating the need to acquire and hold native tokens for transactions also streamlines compliance for regulated financial institutions, which often face restrictions on holding non-stablecoin digital assets.
SourcesSui Official Blog: Gasless Stablecoin Transfers LaunchPR Newswire: Sui Gasless Stablecoin Transfers Press ReleaseContxto: Kravata Raises $3.6 Million for Latin American Expansion
