💥 𝐓𝐞𝐭𝐡𝐞𝐫 𝐄𝐱𝐩𝐚𝐧𝐝𝐬 𝐔𝐒𝐃𝐓 𝐓𝐨 𝐀𝐩𝐭𝐨𝐬 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐟𝐨𝐫 𝐋𝐨𝐰𝐞𝐫 𝐅𝐞𝐞𝐬 💥
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Stablecoin issuer Tether has reportedly launched its USDT stablecoin on the Aptos blockchain. Tether stated that the move is part of its plan to improve digital currency accessibility and use globally.
> By integrating USDT on Aptos, Tether aims to utilise Aptos blockchain’s scalability and speed to provide users with “extremely low gas fees, costing only a fraction of a penny.”
> This is expected to unlock wider use cases, including “microtransactions [and] large-scale enterprise operations.” The press release also notes that Aptos has witnessed substantial growth throughout the year, with a rise in average daily active users (DAU) from 96,000 in January to 170,000 in July.
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