Tether’s USDT to Launch on Layer 1 Aptos
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Tether’s USDT to Launch on Layer 1 Aptos

Tether, issuer of the largest stablecoin by market capitalization, announced that it will introduce its U.S. dollar-pegged token, USDT, on Layer 1 Aptos

Tether, issuer of the largest stablecoin by market capitalization, announced that it will introduce its U.S. dollar-pegged token, USDT, on Layer 1 Aptos.

USDT's integration on the Aptos blockchain will provide low gas fees, "costing only a fraction of a penny," according to a statement from Tether on Monday.

"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," said Paolo Ardoino, CEO of Tether.

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