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Tether Launches USDT on Aptos Blockchain
Aug 18, 2024, 11:18 PM
Tether has announced the launch of its USDT stablecoin on the Aptos blockchain. This move is part of Tether's broader strategy to leverage Aptos' blockchain technology, speed, and scalability to enhance the accessibility and usability of digital currencies globally. The integration aims to reduce transaction costs and improve the efficiency of stablecoin transactions. The announcement comes amid a surge in stablecoin volume, supply, and adoption, with the total stablecoin market cap nearing its all-time high, excluding algorithmic stablecoins.
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