Upbit, the largest cryptocurrency exchange in South Korea, has officially launched support for USDT on the Aptos blockchain, providing new opportunities for traders and investors.
Introduction of USDT Support on Aptos
South Korea's largest crypto exchange, Upbit, has begun supporting USDT (Tether) deposits and withdrawals on the Aptos mainnet as of 02:00 KST on June 18. This marks a significant step for both Upbit and the Aptos ecosystem, making Aptos the third blockchain network supported for USDT transfers on the platform, following Ethereum and Tron.
What This Means for Users
With this new addition, users can now move USDT directly to and from the Aptos mainnet, reducing fees and transaction times compared to Ethereum-based transfers. Aptos is known for its high throughput and developer-friendly infrastructure, making it an attractive option for crypto users and DeFi applications.
Aptos's Position in the Cryptocurrency Market
Upbit’s decision to add Aptos highlights the growing interest in scalable and fast blockchain networks beyond long-established solutions like Ethereum and Tron. This may also encourage further liquidity and integration across exchanges and platforms using Aptos.
The support for USDT on Aptos by Upbit reflects confidence in the network's stability and user demand, opening up new possibilities for users and supporting the growth of the Aptos ecosystem.
