Tether Launches USDT on Aptos and Transfers $495M to Binance Amid TVL Surge
Tether has officially launched its stablecoin USDT on the Aptos blockchain, backed by major exchanges. This expansion comes during a period of rapid growth in the USDT supply on Aptos, which has increased from approximately $20 million to $100 million since the start of the month.
At the same time, Tether transferred $495 million in USDT from its treasury to Binance, potentially signaling significant market movements. Meanwhile, Aptos has seen a remarkable increase in its Total Value Locked (TVL), reaching $1.95 billion, alongside over one million new users and accelerated growth in transaction volumes.
Aptos' growth is further reflected in the integration of native USDT support across more than 11 chains, offering users a seamless trading experience across multiple blockchains.
