{"id":36249,"date":"2024-08-19T12:10:51","date_gmt":"2024-08-19T12:10:51","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/tether-expands-usdt-to-the-aptos-blockchain\/"},"modified":"2024-08-19T12:10:51","modified_gmt":"2024-08-19T12:10:51","slug":"tether-expands-usdt-to-the-aptos-blockchain","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/tether-expands-usdt-to-the-aptos-blockchain\/","title":{"rendered":"Tether expands USDT to the Aptos blockchain"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/tether-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/tether-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/tether-1-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/tether-1-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Tether will soon bring USDT minting to Aptos blockchain.<\/span><\/li>\n<li><span style=\"font-weight: 400\">USDT is the world\u2019s largest stablecoin with a market cap of over $116 billion.<\/span><\/li>\n<li>Integration will boost Aptos\u2019 decentralised finance ecosytem.<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Tether\u2019s USDT stablecoin will soon be available on the <a href=\"https:\/\/coinjournal.net\/aptos\/\">Aptos<\/a>, the company behind the US dollar-pegged stablecoin <a href=\"https:\/\/tether.io\/news\/tether-usd%e2%82%ae-to-launch-on-aptos-blockchain\/\">announced<\/a> on Monday.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Tether, the integration is part of the company\u2019s broader strategy to bring the benefits of digital currencies to more people globally.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">USDT expands to Aptos<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The expansion to Aptos, a blockchain network designed to offer speed and scalability, gives Tether another opportunity to realise this goal. With Aptos making transaction costs extremely low, the community will be able to tap into use cases such as microtransactions.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cAptos\u2019 innovative technology offers a solid platform for facilitating faster and more cost-effective transactions with USD\u20ae. This collaboration underscores our ongoing efforts to lead with innovation and support our users with stable, reliable financial tools,\u201d Paolo Ardoino, CEO of Tether, said in a statement.<\/span><\/p>\n<p><span style=\"font-weight: 400\">USDT is the world\u2019s leading stablecoin by market cap, currently at over $116 billion and daily volume of over $31 billion. Meanwhile, Aptos is currently the world\u2019s 33rd largest cryptocurrency network by market cap at $2.8 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Apart from the integration helping to grow Tether\u2019s user base, it also brings the benefits of USDT\u2019s market reach to provide developers a more robust ecosystem for project development. Builders on Aptos will combine USDT and Move on Aptos to expand both the decentralised finance (DeFi) and payments ecosystem on Aptos.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cThe launch of USD\u20ae on Aptos accelerates the availability and utility of real-world value for institutions, Web3 builders, and regular people worldwide,\u201d Bashar Lazaar, head of grants &amp; ecosystem at Aptos Foundation, noted.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Tether has expanded to several blockchains, including TON blockchain. However, most supply is on Tron and Ethereum, while the stablecoin issuer has recently <a href=\"https:\/\/coinjournal.net\/news\/tether-announces-cease-of-usdt-minting-on-algorand-and-eos\/\">discontinued minting on EOS and Algorand blockchains<\/a>.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/tether-expands-usdt-to-the-aptos-blockchain\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Tether will soon bring USDT minting to Aptos blockchain. USDT is the world\u2019s largest stablecoin with a market cap of over $116 billion. Integration will boost Aptos\u2019 decentralised finance ecosytem. Tether\u2019s USDT stablecoin will soon be available on the Aptos, the [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":36250,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/36249"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=36249"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/36249\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/36250"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=36249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=36249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=36249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}