According to ChainCatcher, stablecoin issuer Tether announced today that it will launch USDT on the Aptos network, aiming to leverage Aptos' advanced blockchain technology and superior speed and scalability to make digital currencies more accessible and usable globally.

It is reported that the average daily active users of Aptos increased from 96,000 in January to 170,000 in July 2024. The number of transactions processed in a single day in May 2024 set a record of 157 million.

The integration of USDT on the Aptos blockchain leverages its dynamic capabilities, enhancing the platform’s appeal with Tether’s established stability and reliability. The Aptos network supports a strong developer community and development is actively ongoing.