Sui Launches Beta Confidential Transfers on Devnet With Private Balances and Compliance Access

Sui launched a beta version of its confidential transfer feature on Devnet on June 8, aiming to keep transfer amounts and account balances private while allowing limited access for compliance and audits. According to NS3.AI, the feature is designed to provide privacy for on-chain transfers while still granting specific parties restricted rights to view information when required. Sui said the confidential transfer capability is being tested on Devnet in beta form.