USDC

Quickstart: Set up and transfer USDC on Sui

USDC provides the ability to transfer US dollars over public blockchains using smart contracts. The smart contract allows users to send, receive, and store dollars onchain with a wallet. Here’s a quickstart guide for developers to build a web app to perform their first USDC transfer on Sui.

Before you start building the sample app to perform a USDC transfer, make sure you meet the following prerequisites:

  • Node.js and npm: Make sure that you have Node.js and npm installed on your machine. You can download and install Node.js from nodejs.org. npm comes with Node.js.
  • Sui Wallet: Install the Sui Wallet browser extension and set up your wallet. Make sure that your wallet is funded with:
    • Some SUI testnet tokens to cover transaction fees.
    • USDC tokens for the transfer. (USDC Testnet Faucet)

You will need the following contract addresses:

Perform the following installation and setup steps:

  1. Project Setup: Create a new project directory and initialize it with npm:
Shell
npx create-next-app@latest usdc-transfer-app

  1. When prompted, choose the following options:

    • Use TypeScript: Yes
    • Use ESLint: Yes
    • Use Tailwind CSS: Yes
    • Use src/ directory: Yes
    • Use App Router: Yes
    • Customize the default import alias: No

  2. Navigate to the project directory:

Shell
cd usdc-transfer-app
  1. Install additional dependencies:
Shell
npm install @mysten/dapp-kit @mysten/sui @mysten/wallet-kit @tanstack/react-query
  1. The code provided will be updated in the src/app/page.tsx file. This section imports necessary libraries and sets up the network configuration.
JavaScript
'use client'
import { useState, useEffect } from 'react'
import {
  ConnectButton,
  useWalletKit,
  WalletKitProvider,
} from '@mysten/wallet-kit'
import { SuiClientProvider, useSuiClient } from '@mysten/dapp-kit'
import { QueryClient, QueryClientProvider } from '@tanstack/react-query'
import { TransactionBlock } from '@mysten/sui.js/transactions'

// Define the network we're connecting to (testnet in this case)
const networks = {
  testnet: { url: 'https://fullnode.testnet.sui.io:443' },
}

// Create a new QueryClient for managing and caching asynchronous queries
const queryClient = new QueryClient()

This component handles the main functionality of the application, including wallet connection token definition, and token transfer.

a. Define USDC testnet token contract

JavaScript
// Define the USDC token type on Sui testnet
// This is the unique identifier for the USDC token on Sui
const USDC_TYPE =
  '0xa1ec7fc00a6f40db9693ad1415d0c193ad3906494428cf252621037bd7117e29::usdc::USDC'

b. State Management

Define state variables to manage the connection status, amount, recipient address, and transaction status.

JavaScript
function HomeContent() {
  // Use the wallet kit to get the current account and transaction signing function
  const { currentAccount, signAndExecuteTransactionBlock } = useWalletKit();
  // Get the Sui client for interacting with the Sui network
  const suiClient = useSuiClient();
  const [connected, setConnected] = useState(false);
  const [amount, setAmount] = useState('');
  const [recipientAddress, setRecipientAddress] = useState('');
  const [txStatus, setTxStatus] = useState('');

c. Effect Hook for Connection Status

Use useEffect() to update the connection status whenever the currentAccount changes.

JavaScript
// Update the connection status when the current account changes
useEffect(() => {
  setConnected(!!currentAccount)
}, [currentAccount])

d. Token Sending Logic

Define the function to handle sending tokens, including validation and transaction execution.

JavaScript
const handleSendTokens = async () => {
  if (!currentAccount || !amount || !recipientAddress) {
    setTxStatus('Please connect wallet and fill all fields')
    return
  }
  try {
    // Fetch USDC coins owned by the current account
    // This uses the SuiClient to get coins of the specified type owned by the current address
    const { data: coins } = await suiClient.getCoins({
      owner: currentAccount.address,
      coinType: USDC_TYPE,
    })
    if (coins.length === 0) {
      setTxStatus('No USDC coins found in your wallet')
      return
    }
    // Create a new transaction block
    // TransactionBlock is used to construct and execute transactions on Sui
    const tx = new TransactionBlock()
    // Split the coin and get a new coin with the specified amount
    // This creates a new coin object with the desired amount to be transferred
    const [coin] = tx.splitCoins(coins[0].coinObjectId, [
      tx.pure(BigInt(amount)),
    ])
    // Transfer the split coin to the recipient
    // This adds a transfer operation to the transaction block
    tx.transferObjects([coin], tx.pure(recipientAddress))
    // Sign and execute the transaction block
    // This sends the transaction to the network and waits for it to be executed
    const result = await signAndExecuteTransactionBlock({
      transactionBlock: tx,
    })
    console.log('Transaction result:', result)
    setTxStatus(`Transaction successful. Digest: ${result.digest}`)
  } catch (error) {
    console.error('Error sending tokens:', error)
    setTxStatus(
      `Error: ${error instanceof Error ? error.message : 'Unknown error'}`,
    )
  }
}

e. Rendering the UI

Render the main UI components, including input fields for amount and recipient address, and a button to send tokens.

JavaScript
   return (
    <main className="flex min-h-screen flex-col items-center justify-center p-24">
      <div className="z-10 w-full max-w-5xl items-center justify-between font-mono text-sm">
        <h1 className="text-4xl font-bold mb-8">Sui USDC Sender (Testnet)</h1>
        <ConnectButton />
        {connected && currentAccount && (
          <p className="mt-4">Connected: {currentAccount.address}</p>
        )}
        <div className="mt-8">
          <input
            type="text"
            placeholder="Amount (in USDC)"
            value={amount}
            onChange={(e) => setAmount(e.target.value)}
            className="p-2 border rounded mr-2 text-black"
          />
          <input
            type="text"
            placeholder="Recipient Address"
            value={recipientAddress}
            onChange={(e) => setRecipientAddress(e.target.value)}
            className="p-2 border rounded mr-2 text-black"
          />
          <button
            onClick={handleSendTokens}
            disabled={!connected}
            className={`p-2 rounded ${
              connected && amount && recipientAddress
                ? 'bg-blue-200 text-black hover:bg-blue-300'
                : 'bg-gray-300 text-gray-500'
            } transition-colors duration-200`}
          >
            Send USDC
          </button>
        </div>
        {txStatus && <p className="mt-4">{txStatus}</p>}
      </div>
    </main>
  );
}

This component wraps the HomeContent() function with the necessary providers for state management and wallet connection.

JavaScript
export default function Home() {
  return (
    // Wrap the app with necessary providers
    // QueryClientProvider: Provides React Query context for managing async queries
    // SuiClientProvider: Provides the Sui client context for interacting with the Sui network
    // WalletKitProvider: Provides wallet connection and interaction capabilities
    <QueryClientProvider client={queryClient}>
      <SuiClientProvider networks={networks} defaultNetwork="testnet">
        <WalletKitProvider>
          <HomeContent />
        </WalletKitProvider>
      </SuiClientProvider>
    </QueryClientProvider>
  )
}
  1. Start the development server:
Shell
npm run dev
  1. Open http://localhost:3000 in your browser.
  • On the USDC Token Sender app, click the “Connect Wallet” button.
  • Select your wallet from the list of available options.
  • Approve the connection in your wallet extension.
  • Ensure you have USDC tokens in your wallet. You can get testnet tokens from our faucet if needed.
  • Click the Request testnet SUI Tokens from your Sui Wallet to source gas tokens.
  • In the app, enter the amount of USDC you want to send and the recipient’s address.
  • Click the Send Tokens button.
  • Your wallet will prompt you to approve the transaction. Review the details and confirm.
  • Wait for the transaction to be processed. The app will display the transaction to status.

You can use the Sui Explorer to check the status of the transaction.

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