Toku has introduced USDC payment services on the Sei network, broadening the range of stablecoin use cases available to businesses, while traders monitor whether the network's native token, SEI, can hold above a key support level following its latest rally.

In an X post on October 9, Sei Network drew attention to the integration, noting that Toku enables payments, payroll, token distributions, and corporate remittances to settled in USDC on Sei.

As of press time, SEI was priced at $0.06600, a 0.17% decline over the previous 24 hours, according to the TradingView chart referenced in the report.

Toku Integration Broadens USDC Use on Sei

Through Toku's integration, businesses gain more options for using stablecoins outside of cryptocurrency trading. USDC is a stablecoin designed to maintain parity with the U.S. dollar, making it a common settlement choice for businesses that want to avoid the price volatility of assets like Bitcoin or ether. Companies can leverage USDC on Sei for payroll, token distributions, and corporate remittances, broadening the potential role of Sei's blockchain infrastructure in routine financial operations. Blockchain networks also settle transactions continuously rather than during fixed banking hours, a property that payment-focused integrations like this one are designed around.

The development is notable because payment-related activity may give enterprises additional reasons to engage with the network. Even so, the announcement leaves unclear how many companies actually use the service or how much transaction volume it generates.

Sei Network highlighted the integration through its official X account, stating that "Toku is live on Sei." The announcement points to an expanded payment use case, though lasting adoption will hinge on whether businesses actively use these services. The X post stated:

Toku is live on Sei. @usetoku enables payments, payroll, token distributions, and corporate remittances in USDC on Sei. Payments are effortless on Sei. pic.twitter.com/8oGwuuYtFc

— Sei (@SeiNetwork), October 9, 2026 (post link)

What DeFiLlama Data Shows

According to the DeFiLlama dashboard cited in the report, Sei's decentralized finance total value locked (TVL) stands at roughly $32.9 million, while its stablecoin market capitalization is about $306.7 million. The dashboard further indicates 24-hour decentralized exchange volume of approximately $11.86 million.

Stablecoin market capitalization is often treated as a gauge of onchain liquidity, since tokens need to be present on a network before they can be deployed for payments or trading. That makes the $306.7 million figure a relevant reference point for judging whether settlement capacity exists for services like Toku's.

These figures offer a baseline for gauging activity across Sei's financial ecosystem. Growth in stablecoin supply, trading activity, and TVL could help show whether payment integrations are accompanied by broader growth across the network.

On their own, however, these numbers do not capture the extent of Toku's payment activity. Establishing how much the integration contributes directly would require separate data on payment transactions and business adoption. Until such data becomes available, the size of Toku's footprint on the network remains an open question.

Can SEI Hold Above $0.06222?

Per the daily TradingView chart, SEI is changing hands at $0.06600, above the horizontal level marked at $0.06222. Having pulled back from a recent high near $0.08, the token appears to have lost some of the momentum behind its September rally, making the $0.06222 line the reference point for near-term direction.

The chart shows moving averages at approximately $0.05386 and $0.05548, both positioned below the current price. Moving averages, which smooth price data over a set period, are widely used to gauge trend direction and potential support or resistance zones. Should selling pressure drive SEI beneath its nearest support, these levels may come into play.

If SEI manages to remain above $0.06222, conditions could support another attempt at a recovery. A drop below this level, meanwhile, could bring the lower moving-average region into focus.

CoinGlass Metrics Point to Cooling Derivatives Activity

According to the CoinGlass charts provided, open interest climbed toward $120 million in early October, then fell to roughly $85 million by October 9. Trading volume likewise tapered off after surpassing $700 million during a late-September surge.

Open interest tracks the total value of outstanding derivatives contracts, so its decline alongside price means less capital is currently committed to SEI positions than at the start of the month. The pullback indicates that derivatives activity has cooled in tandem with SEI's price decline. While that does not establish whether traders lean mostly bullish or bearish, a pickup in volume alongside rising open interest could help confirm whether a fresh directional move is taking shape.

Will Payments Influence SEI's Next Move?

The Toku integration gives SEI another practical use case, though how much it matters over the long run will hinge on real business adoption and quantifiable network activity. The clearest signals to watch going forward would be updated stablecoin supply and TVL readings on the DeFiLlama dashboard, shifts in open interest and volume on CoinGlass, and any usage figures the companies themselves disclose.

From a trader's perspective, $0.06222 continues to be a key near-term support level. Staying above it would keep the prospect of a recovery alive, whereas losing that level would weaken the current technical picture.

Because cryptocurrency markets are subject to extreme volatility, traders should monitor price action, market conditions, and upcoming catalysts before making any investment decisions.

This article contains market analysis and price commentary. These are not guarantees. Crypto markets are volatile. Always do your own research. This is not financial advice.

This article was originally published by Tron Weekly under the title "Sei Payments Grow As Toku Introduces USDC Settlements Onchain."