USDT is the most widely used stablecoin, but it is not used in an ecosystem with a market capitalization of over $1 billion: Move. However, that is now changing, and @Aptos will be leading the way.
With a market capitalization of $118 billion, Tether is the leading stablecoin on the market and the most widely adopted in the crypto space. Tether has also created huge income by allocating the $118 billion in funds supporting USDT to U.S. Treasury bonds and treasury bills at a ratio of 1:1, earning a return of about 5%.
USDT has become a norm in the industry and market, and when it is integrated into new networks, users and developers can expect a surge in activity, thanks to its past performance.
Recently, @aptos announced that Tether will natively integrate USDT. This is the first cooperation in the MoveVM ecosystem. USDT will now be minted directly by Tether on Aptos, providing the highest security for holders and traders.
This means that DeFi users, large players, and institutions may become more confident in deploying large numbers of stablecoins across chains on-chain due to Tether’s reliability and trust. This means higher total value locked (TVL) on the chain, and increased users and activity for dApps and projects.
Another possible impact is that stablecoin transactions and payments will increase due to Aptos’ natural speed and transaction cost-effectiveness. As of today, USDT transfers account for a major part of daily transactions and volume on chains like Tron, because of its speed and relatively low cost, maybe Aptos will take Tron's position, especially in developing countries, ETH or L2 Gas is very expensive, and USDT is more commonly used in these areas. This bull market currently looks very promising for APT.
There are currently many high-quality Aptos projects worth participating in, and there is a high chance of airdrops. I have also introduced staking methods that can earn points at the same time. You can refer to the following article.
Chinese version: https://medium.com/@and1chen778899/aptos%E7%94%9F%E6%85%8B%E6%98%8E%E7%89%8C%E7%A9%BA%E6%8A% 957%E5%A4%A7%E9%A0%85%E7%9B%AE-%E8%BC%95%E9%AC%86%E5%8F%83%E8%88%87%E7%B0%A1 %E5%96%AE%E6%8B%BF%E6%8D%8F-a37c4c1898d0
English version: https://medium.com/@and1chen778899/aptos-airdrop-7-in-1-comprehensive-farming-tutorial-e79b7c0876f0
