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Data released by South Korea's customs on Thursday showed that, after adjusting for differences in working days, exports surged by 52.6% year-on-year from May 1st to 20th, outpacing the 49.4% growth recorded during the same period in April. On an unadjusted basis, exports jumped by 64.8% year-on-year while imports increased by 29.3%, resulting in a trade surplus of $11 billion. The data indicates that supported by sustained demand for chips related to artificial intelligence and data centers, South Korea's export engine remains robust. These figures further confirm the ongoing dominance of the semiconductor industry in driving South Korea's economic growth, even as other areas of the economy face increasingly severe challenges. Chip exports once again led the way, soaring by 202.1% year-on-year; computer-related product exports surged by 305.5%, highlighting the unabated investment fervor in artificial intelligence. Boosted by rising international crude oil prices, refined oil product exports also climbed, aiding overall export growth, while exports of automobiles and home appliances were comparatively weak.

BlockBeats news, on May 21, according to Bitget market data, the Korean KOSPI index surged 5.00% today, currently reported at 7573.86 points.

BlockBeats reports that on May 21, according to official information, Sui announced the launch of the "Gas-free Stablecoin Transfers" feature. Users and enterprises making point-to-point stablecoin transfers on the network no longer need to pay Gas fees or hold an additional SUI token balance. This means that stablecoin transfers on the Sui network now have a transaction fee of 0 USD. The feature is supported by Fireblocks and is being gradually rolled out on the Sui mainnet. This upgrade supports multiple stablecoins, including USDsui, SuiUSDe, AUSD, FDUSD, USDB, USDC, and USDY. Sui co-founder and Mysten Labs CPO Adeniyi Abiodun stated that stablecoins are becoming the core infrastructure of global finance, but users are still required to manage Gas tokens separately, which increases the complexity of usage. The Gas-free transfer feature will remove this barrier, making on-chain payments simpler, more predictable, and easier to adopt. The feature is based on Sui’s newly released account balance system, Address Balances, which simplifies the storage and transfer of funds on-chain while maintaining high performance and scalability. Since August 2025, the total stablecoin transfers on the Sui network have exceeded 1 trillion USD. According to official statements, this upgrade will further accelerate Sui’s position as the core stablecoin infrastructure for enterprise payments, fintech, and AI Agent automated payment scenarios.