Sui and Mesh are partnering to make transactions within the Sui ecosystem easier.
Chainwire reported on May 23, 2024 that Sui Wallet will reach product parity with the top self-custody wallets thanks to the integration of the Mesh platform. Additionally, Mesh now supports the SUI token. Sui is a groundbreaking Layer 1 blockchain known for its exceptional performance and scalability, while Mesh is a prominent embedded blockchain technology.
On May 23rd, 2024, in Grand Cayman, Cayman Islands, Chainwire reported the news. By incorporating the Mesh platform, Sui Wallet will be able to match the features of the biggest self-custody wallets in the world. Additionally, Mesh now includes built-in support for the SUI token. Sui and Mesh have partnered to integrate Mesh’s digital asset transfer and account aggregation technology into Sui Wallet and other wallets in the Sui ecosystem. This integration allows Sui Wallet users to easily view their combined asset balances from multiple exchanges and wallets, and transfer assets seamlessly with just one click, all within the Sui Wallet interface. This distinctive integration enhances interoperability, easy access, asset control, and token exchange within the Sui Network’s native wallets, further distinguishing Sui’s technology from other blockchain platforms. The wallet integration is anticipated to be launched this year. Leading up to the integration, Mesh has included support for the SUI token in all of its products, enabling smooth digital asset transfers, payments, account aggregation, and trading of the token on over 300 top crypto wallets and exchanges. Established in 2020, Mesh has quickly become a frontrunner in embedded finance. The company has recently formed partnerships with prominent platforms such as CoinDCX and MetaMask. It has gained the trust of PayPal Ventures, which made a strategic investment in the start-up utilizing their PYUSD stablecoin. According to Greg Siourounis, Managing Director of the Sui Foundation, Mesh’s technology provides wallet providers in the Sui ecosystem with a significant advantage, offering the Sui community an unparalleled native wallet experience compared to other blockchains. Having native wallets is essential for boosting accessibility and promoting the expansion and acceptance of any network, and Sui currently has a significant advantage in this aspect. Sui’s partnership with Mesh is part of a pattern of providing developers and users with innovative ways to easily adopt blockchain technology, catering to both enterprise and retail sectors. One such example is zkLogin, a feature exclusive to Sui, which allows users to log in to decentralized apps using familiar OAuth providers such as Google and Twitter, eliminating the need to handle wallet addresses and seed phrases.