Months after Sui partnered with one of Africa's pioneer fintechs Paga as its primary blockchain infrastructure provider, the protocol has now been integrated by Daya. Daya will use Sui as settlement infrastructure to support its offerings around cross-border payments, treasury management and low-cost stablecoin transfers.
Previously, Sui had doubled down on acquiring developers in Nigeria, Ghana, South Africa and Kenya. Its African activities focused mainly on developer events, talent acquisition, training and community growth. Now, in keeping with the broader market direction, the protocol has dived into partnerships that help it provide payment infrastructure for businesses.
Daya integrated Tempo last month and Aptos in June, adding another chain to its existing rail for moving stablecoins, and it is seeing some traction. In August, its Pro feature for OTC desks, P2P traders and other crypto professionals processed $6.2m, up from $600,000 in March.