According to TechFlow, on August 19, according to official news, stablecoin issuer Tether announced that it will soon launch USD₮ on the Aptos network. This move is part of Tether's strategy to expand the accessibility and practicality of global digital currencies, and aims to leverage Aptos' advanced blockchain technology and its superior speed and scalability.
The integration will also result in extremely low gas fees of just pennies per transaction, making a wide range of use cases from microtransactions to large-scale enterprise operations economically viable. Tether’s strategic partnership with Aptos leverages these transformative features to enhance the utility and accessibility of USD₮, appealing to users of all economic backgrounds.
“Tether’s USD₮ integration is a significant milestone for Aptos,” said Mo Shaikh, CEO of Aptos Labs. “This partnership will leverage Aptos’ ability to process massive transaction volumes and rapidly expand its user base.”
