Tether Launches USDT on Aptos Blockchain

Tether is expanding its USDT stablecoin to the Aptos blockchain. 

This move aims to provide users with lower-cost transactions compared to other networks like Ethereum. Aptos, a Layer 1 blockchain with a focus on scalability and user-friendliness, offers an ideal platform for USDT. 

While Tether has expanded to numerous blockchains, its primary dominance lies on Tron and Ethereum, with significantly smaller amounts on other chains.

Tether CEO Paolo Ardoino said:

“The team at Tether is excited to integrate and collaborate with the Aptos ecosystem, enhancing our commitment to making digital currencies more accessible and functional. Aptos’ innovative technology offers a solid platform for facilitating faster and more cost-effective transactions with USD₮. This collaboration underscores our ongoing efforts to lead with innovation and support our users with stable, reliable financial tools.”