Mysten launches confidential settlement prototype on Sui
Mysten Labs has introduced Tessera, a business-to-business settlement prototype that hides payment amounts while preserving controlled access for counterparties, regulators, and auditors. Tessera brings private B2B settlement to Sui In an Aug. 10 X thread, Sui presented Tessera as a closed settlement network for businesses. Approved members can settle invoices using a confidential stablecoin without publishing the value of each transaction onchain. Meet Tessera, a B2B settlement network. A closed group of businesses settles invoices in a confidential stablecoin. Membership is KYC-gated. The chain shows who paid whom and when. The amount appears as ▦▦▦. Check the full demo.???? pic.twitter.com/KA5ecJkWth — Sui (@SuiNetwork) August 10, 2026 The blockchain continues to show who paid whom and when the payment occurred. However, the amount appears encrypted to outside observers. “Institutions wont settle on rails where competitors can see pricing and volume,” Sui said. A company can see the amount attached to its own transactions, while a competitor viewing the same activity cannot. This design aims to prevent public blockchains from exposing supplier pricing, trading volumes, treasury movements, and other commercially sensitive information. Membership is gated through know-your-customer checks. Network operators can onboard and fund members, freeze individual accounts, or pause the settlement network when necessary. Tessera supports one-time transfers and recurring payment channels. If









