Tether announced that it will launch USDT on the Aptos blockchain

ChainCatcher news, stablecoin issuer Tether today announced that it will launch USDT on the Aptos network, aiming to leverage Aptos's advanced blockchain technology and exceptional speed and scalability to make digital currency more accessible and usable globally.

It is reported that the average daily active users on Aptos increased from 96,000 in January to 170,000 in July 2024. In May 2024, the daily transaction volume reached a record of 157 million.

The integration of USDT on the Aptos blockchain fully utilizes its dynamic capabilities, enhancing the platform's appeal through Tether's established stability and reliability. The Aptos network supports a strong developer community, and development work is actively underway.