Aptos will be the first-ever chain where all FungibleAssets (including APT itself) are parallel - regardless of the sender and receiver! Aptos parallelism exists at every layer of the stack - Quorum Storage/Shoal, BlockSTM, Aggregators, Sharded Storage, etc.

FungibleAssets are the building blocks that support any type of fungible asset on the chain, including fractional NFTs (ERC-404 or ERC-1155), real-world assets (ERC-3643), securities, stablecoins, and any other asset you may have imagined .

FungibleAssets gives asset managers full control over the supply of assets, which is critical for the management of real-world assets and stablecoins required by regulators.

Sneak peek... In the near future, we will launch the first-ever Move VM extension, enabling FungibleAsset creators to add custom deposit, withdrawal, and balancing functionality without having to perform any ugly tricks or use complex programmable transactions .

FungibleAssets will soon be the first fully parallelizable asset store on any blockchain...imagine on-chain deposits and withdrawals at 10K TPS for a single account