Suiball ends Sui hardware-wallet project and refunds buyers in USDC
Suiball will close after confirming plans to refund USDC to customers who pre-ordered its Sui-focused hardware wallet.
Suiball will close after confirming plans to refund USDC to customers who pre-ordered its Sui-focused hardware wallet. USDC (USDC) is trading at ₹94.25 ($0.9996). This is an original Token Times brief based on reporting by Bitcoin World, with live market data added, as of Sat, 14 Nov 2026 07:15:01 UTC.
The shutdown removes a specialized hardware-wallet project from the Sui ecosystem and shows USDC functioning as the refund mechanism for stranded pre-orders.
- Suiball confirmed it is closing its Sui-focused hardware-wallet operation.
- Customers who pre-ordered the device are slated to receive USDC refunds.
- USDC remained close to parity while broader crypto sentiment stayed weak.
- Bitcoin fell 2.18% over 24 hours as the Fear & Greed index held at 13.
- USDC to Launch on Samsung Wallet for U.S. Galaxy Users
- Stripe expands USDC and OUSD wallet payouts across 160-plus markets
- Samsung Wallet rolls out Solana-based USDC for U.S. Galaxy users
- Samsung Wallet Eyes Gas-Free USDC Transfers Through Sui
- Suiball Ends Device Launch and Will Refund Pre-Orders in USDC
- Suiball cancels hardware wallet launch after Sui Foundation raises security concerns
- Suiball ends Sui hardware-wallet project and refunds buyers in USDC — this brief
Suiball has confirmed that it is shutting down and will return funds to customers who pre-ordered its hardware wallet. The product was built specifically for the Sui blockchain. According to 
Bitcoin World, which cites a November 11, 2026 statement posted by the company on X, the refunds will be distributed in 
USDC. No other outlet supplied in the coverage reported the closure, so the announcement remains a single-source account.
The project’s short existence and planned wind-down leave the timing and implementation of individual refunds as the main practical details to watch. Bitcoin World did not provide a total refund amount, customer count, or completion schedule. The verified USDC circulating supply was $69.18 billion, according to DeFiLlama, while live market data placed USDC’s market capitalization at $68.98 billion. Those figures use different measures, with supply referring to circulating tokens and capitalization reflecting the token’s market value.
The wider crypto market provided a subdued backdrop to the announcement. Total market capitalization stood at $2.33 trillion, with the overall market broadly lower. Bitcoin was down 2.18% over 24 hours, and the Fear & Greed reading was 13, classified as Extreme Fear. USDC itself was comparatively stable at $0.999543, unchanged over 24 hours and down 0.01% over seven days.
Suiball’s closure represents a setback for dedicated hardware-wallet support around Sui, although the decision directly affects pre-order customers through refunds rather than an asset liquidation. For observers, the relevant next steps are whether USDC returns are completed as promised and whether any remaining product or customer-support obligations are addressed. The announcement did not state what would happen to the wallet’s underlying technology or development team.
Since this brief published about 3 hours ago, USDC (USDC) has moved from ₹94.25$0.9995 to ₹94.25$0.9996 — +0.01%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₹100.14 (about $0.9996), up 0.0% over 24 hours. The rupee itself trades about 6.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 14, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Suiball ends Sui hardware-wallet project and refunds buyers — questions & answers
What did Suiball announce?
Suiball said it would close and refund customers who pre-ordered its hardware wallet designed specifically for Sui.
How will Suiball pre-order customers be refunded?
The refunds will be issued in USDC. Bitcoin World did not report the total amount or a completion schedule.
How did USDC perform during the announcement?
USDC traded at $0.999543, with no reported 24-hour change and a seven-day decline of 0.01%.
How much is 1 USDC worth in rupee today?
About ₹100.14 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9996. The rupee price moves with both USDC's US-dollar price and the USDT/INR rate; use our USDC in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin World. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.