Tether Launches USDT on Aptos Blockchain: New Stability

Bittime - Tether Holdings, a leading company issuing stablecoins, is now ready to launch USDT on the Aptos blockchain. The move aims to expand the use of both protocols' technology and offers various benefits to users, including a significant reduction in transaction fees and increased accessibility of digital assets.

Tether USDT Comes to Aptos Network: Benefits and Efficiency

The Aptos blockchain is known for its advanced infrastructure that supports high speed and scalability. With USDT soon to be available on the network, Tether hopes to leverage Aptos technology to significantly reduce transaction costs. 

Aptos technology promises very low gas fees, even a fraction of a penny, which is expected to make transactions more affordable, from everyday microtransactions to transactions on a large scale.

Aptos' growth is very rapid. The latest data shows that the number of daily active users on Aptos jumped from 96,000 in January to 170,000 last month, which is an increase of more than 76% in six months.

 Additionally, Aptos broke a record in May with 157 million transactions in one day. This growth shows great potential for USDT to leverage the capacity and advanced technology of the Aptos blockchain.

Comments from Paolo Ardoino on Integration with Aptos

Paolo Ardoino, CEO of Tether, expressed his excitement about the integration: “We are thrilled to collaborate with the Aptos ecosystem. This move underscores our commitment to making digital currency more accessible and more useful for everyone.

Ardoino praised Aptos' innovative technology, which provides a solid platform for conducting low-cost transactions using USD-pegged stablecoins. This collaboration shows Tether's dedication to continuing to innovate and provide stable and reliable financial tools for its users.

Tether USDT and the Challenges of the Tron Network

With the launch of USDT on Aptos, Tether will have to compete with the Tron network, which has dominated the stablecoin market and even surpassed Ethereum in terms of stablecoin usage.

However, Tether hopes that Aptos' technological advantages and transaction fee efficiency will provide a strong and competitive alternative in the stablecoin market.

Aptos Foundation Partnership for the Advancement of Web3.0

The Aptos Foundation continues to expand its partnerships to drive progress in the digital ecosystem. In May, Hashkey Cloud, a global Web3.0 infrastructure provider, entered into a strategic partnership with the Aptos Foundation to promote application development on blockchain. 

The partnership focuses on providing services such as regulated Decentralized Identifiers (DIDs) and Security Token Offerings (STOs), as well as the integration of DID's HashKey, which is a multi-chain decentralized identity data aggregator.

In February, Aptos also partnered with Jambo, a blockchain protocol connecting Africa with global blockchains. 

This collaboration aims to improve Web3.0 accessibility and education in Africa, Southeast Asia and Latin America. The Aptos Foundation remains instrumental in advancing Web3.0 technologies through innovation driven by the Aptos blockchain.

Conclusion

The launch of USDT on the Aptos network is a major step for Tether in expanding the reach of stablecoins and leveraging the advantages of Aptos technology. With low transaction costs and significant growth potential, this integration is expected to have a major impact on the global digital ecosystem. This collaboration also strengthens Aptos' position as a pioneer in Web3.0 innovation and blockchain adoption.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn How to Buy Crypto on Bittime.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.