INSPAY Demo at WebX 2026 Logs 470 Stablecoin Payments on Sui
The demo shows stablecoin payments moving from crypto trading and B2B use into physical retail, with real-time settlement and gasless user experience, a step toward everyday adoption in Japan.
Reporting from 1 source: ASCII.jp.
INSPAY Co., Ltd. demonstrated stablecoin payments on the Sui blockchain at WebX 2026 in Tokyo, using vending machines and a crane game. Over two days, 470 payments were made using USDC and USDsui via the Slush wallet, with sub-second confirmations and no gas fees. The company called it Japan's first public demo of stablecoin payments on Sui for physical stores, part of a strategic collaboration with Mysten Labs.
Of the 470 payments, 205 used USDC and 265 used USDsui. Most transaction confirmations on the Slush wallet completed in 0.6 to 1 second, and users paid without being aware of gas fees. Visitors scanned QR codes to pay, and the system linked payment results to vending machines and a crane game. Comments from attendees included an industry insider saying 'the moment the drink came out, I understood the meaning of the system' and a visitor noting it 'felt almost the same as regular QR code payments.' INSPAY plans to expand partnerships for physical store introduction based on insights from the demo.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.