Tether recently launched its stablecoin USDT on the Aptos (APT) blockchain. This integration is expected to provide smoother, cheaper, and faster transactions. Ultimately, these benefits could support price growth for USDT, the world's most widely used stablecoin.
Aptos Launches USDT On-Chain: Key Implications
Layer 1 blockchain Aptos focuses on providing an efficient, scalable, and user-friendly platform for decentralized applications and smart contracts. Aptos highlights that this integration will help extend USDT’s global reach, especially in emerging markets.
With the integration on Aptos, USDT gains high performance, reliability, and interoperability supported by Move technology. Transactions will be more efficient, with low gas fees and fast processing times, making this ideal for microtransactions and large-scale global operations.
Growth of Active Users and Low Transaction Costs
The average number of active Aptos users has surged this year—from 96,000 in January to 170,000 in July. Aptos developers have also reported extremely low gas fees, up to a hundred times lower than other Layer 1 platforms, making transactions very accessible.
USDT integration on Aptos broadens opportunities for developers across different regions, enabling large-scale secure innovation and supporting DeFi.
Recent Developments in the Aptos Ecosystem
Aptos demonstrates its scalability by processing a record-breaking 160 million transactions in a single day this spring. In May, Aptos became the first blockchain to achieve stable sub-second latency for all transaction types, making it the fastest blockchain in Web3.
Aptos also outperformed competing blockchains with a 3,432% increase in decentralized exchange (DEX) trading volume. Additionally, it integrated into major projects and made a series of upgrades to improve network performance.
APT Price Outlook and Projections
Aptos' native token, APT, has recently shown upward momentum. Previously, the APT price attempted to break the $9.25 to $9.30 range, though at the time of writing, it stood at $8.89, reflecting a 2.4% decrease over the last 24 hours. Nevertheless, it has gained 9.8% over the past month.
Crypto analyst Kong Trading predicted that APT could reach $30, supported by buying signals and accumulation, creating optimism for further growth.
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