USDT on the Move
Tl;dr
Tether has announced the imminent launch of USDT – its globally leading stablecoin – on the Aptos Network.
Launching on Aptos will expand USDT’s reach and access to digital finance in emerging markets, marking a big step toward global financial inclusion.
USDT on Aptos will offer unmatched transaction efficiency, with low gas fees and rapid processing, making it an ideal choice for both micro-transactions and large-scale operations.
USDT will be the first major stablecoin available on a Move-powered ecosystem.
Digital assets giant Tether Operations Limited (Tether) is gearing up to launch its proven stablecoin, USDT, on the Aptos Network. The launch will make USDT the first stablecoin available on a Move-powered chain – a deployment that will significantly boost digital currency accessibility on a global scale.
Move on Aptos is primed for stablecoins: The integration combines Tether’s status with the high performance, reliability, interoperability, and security powered by Move on Aptos and shipped by the world’s fastest-growing non-EVM builder community.
Global financial inclusion: Integrating USDT on the Aptos network extends the reach of Tether’s stablecoin offering, expanding access to digital finance across emerging markets and communities worldwide.
Enhanced transaction efficiency: Tether on Aptos offers unparalleled transaction efficiency with minimal gas fees and rapid processing; making it an ideal platform for both micro-transactions and large-scale operations on a global scale.
The team at Tether is excited to integrate and collaborate with the Aptos ecosystem, enhancing our commitment to making digital currencies more accessible and functional. Aptos' innovative technology offers the ideal platform for facilitating faster and more cost-effective transactions with USDT. This collaboration underscores our ongoing efforts to lead with innovation and support our users with stable, reliable financial tools.
Tether chose to launch USDT on Aptos because of its impressive (and unmatched) tech stack and ascending DeFi ecosystem:
Growing ecosystem: Average daily active users on Aptos almost doubled this year, increasing from 96K in January to 170K in July.
Unparalleled transaction capacity: A record-breaking 160 million transactions were processed in a single day on Aptos this spring, demonstrating the chain’s massive capacity for scalability.
Always-on reliability: With 99.99% uptime across the ecosystem, projects on Aptos have access to fast and reliable transactions, no compromises required.
Sub-second E2E latency: This May, Aptos became the first blockchain to deliver consistent sub-second E2E latency for all transaction types, making its latency the fastest in Web3.
Low gas fees: Developers building on Aptos experience 100x lower gas fees than comparative L1s, at just a fraction of a penny. For USD₮, this feature expands potential asset use cases and greatly increases accessibility, especially in emerging markets.
USDT’s proven status and reliability combined with the Aptos blockchain’s low gas fees and high performance will expand quality digital asset accessibility in a big way. The integration will capitalize on the Aptos blockchain’s user-first features to enhance USD₮ utility for builders across geographies, economic backgrounds, and use cases – making secure DeFi innovation possible for more builders, at scale.
To Aptos ecosystem members – keep an eye out for Tether’s official Aptos integration and a few more exciting USDT-related developments. For more on Tether and USDT, visit https://tether.to/en/.