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Tether Launches USDT on Aptos Blockchain

Aug 19, 2024
  1. USDT Launch on Aptos Blockchain
  2. Comments from Tether CEO
  3. Nansen Partnership with Aptos

Tether announced the launch of its USDT token on the Aptos blockchain, aiming to minimize transaction costs.

USDT Launch on Aptos Blockchain

Tether has introduced USDT, a dollar-pegged token, to the Aptos blockchain to reduce transaction costs. The integration aims to leverage Aptos' speed and scalability.

Comments from Tether CEO

Tether's CEO, Paolo Ardoino, stated that the Aptos blockchain would ensure fast, reliable, and cost-effective transactions.

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.Paolo Ardoino

Nansen Partnership with Aptos

Meanwhile, Nansen announced its partnership with the Aptos Foundation, aiming to provide top-notch on-chain data and analytics for the Aptos ecosystem. According to Bashar Lazaar, Head of Grants and Ecosystems at Aptos Foundation, this partnership will benefit everyone working on advancing technology.

We all benefit when the world’s best are working to advance technology. Bringing these top data integration providers into the Aptos ecosystem ensures builders, projects, and protocols can make the most of on-chain data and deliver value to their communities.Bashar Lazaar

The integration of USDT with the Aptos blockchain and partnership with Nansen is creating a more functional and scalable ecosystem for digital currencies and data analytics.

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