{"id":4972,"date":"2024-08-20T12:00:00","date_gmt":"2024-08-20T12:00:00","guid":{"rendered":"https:\/\/technoghyan.com\/tether-and-its-usdt-land-on-aptos-with-futuristic-ambitions\/"},"modified":"2024-10-25T16:46:45","modified_gmt":"2024-10-25T16:46:45","slug":"tether-and-its-usdt-land-on-aptos-with-futuristic-ambitions","status":"publish","type":"post","link":"https:\/\/hindideep.org\/tether-and-its-usdt-land-on-aptos-with-futuristic-ambitions\/","title":{"rendered":"Tether and its USDT land on Aptos with futuristic ambitions"},"content":{"rendered":"<p><\/p>\n<div>\n<p data-beyondwords-marker=\"e622e25b-4d82-4761-8fe9-6fcc15124794\" class=\"has-medium-font-size\">At the end of June, the company behind the USDT stablecoin, Tether, announced the removal of its token from several blockchains. Really, <strong>Tether has ended support for Algorand and EOS<\/strong> due to insufficient volume on these channels. However, this has not hindered the company&#8217;s desire for expansion, which is already announcing new partnerships, notably with Aptos.<\/p>\n<h2 data-beyondwords-marker=\"afde65a7-925a-4e6c-a781-ccf6bf7bba29\" class=\"wp-block-heading\" id=\"h-l-usdt-de-tether-met-les-voiles-sur-aptos-apt\">Tether&#8217;s USDT floats on Aptos (APT)<\/h2>\n<p data-beyondwords-marker=\"4bc57717-446d-4d79-a113-6bc3ed9977db\">Monday 19 August teams <strong>Tether has announced the deployment of USDT natively on the Aptos blockchain<\/strong>.<\/p>\n<figure data-beyondwords-marker=\"f2e98627-3f73-4108-80a0-e9ed37d6f976\" class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1920\" height=\"1080\" alt=\"Tether Announces USDT Support on Aptos\" class=\"wp-image-703590 lazyload\" src=\"https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;ssl=1\" loading=\"lazy\" srcset=\"https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;ssl=1 1920w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos-324x182.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;ssl=1 324w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos-218x123.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;ssl=1 218w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos-650x366.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;ssl=1 650w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos-1250x703.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;ssl=1 1250w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;w=384&amp;ssl=1 384w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;w=768&amp;ssl=1 768w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;w=1152&amp;ssl=1 1152w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;w=1536&amp;ssl=1 1536w\" data-sizes=\"auto\" data-eio-rwidth=\"1920\" data-eio-rheight=\"1080\"\/><noscript><img fetchpriority=\"high\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;ssl=1\" alt=\"Tether Announces USDT Support on Aptos\" class=\"wp-image-703590\" srcset=\"https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;ssl=1 1920w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos-324x182.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;ssl=1 324w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos-218x123.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;ssl=1 218w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos-650x366.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;ssl=1 650w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos-1250x703.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;ssl=1 1250w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;w=384&amp;ssl=1 384w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;w=768&amp;ssl=1 768w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;w=1152&amp;ssl=1 1152w, https:\/\/journalducoin-com.exactdn.com\/app\/uploads\/2024\/08\/tether_aptos.png?strip=all&amp;lossy=1&amp;quality=90&amp;webp=90&amp;w=1536&amp;ssl=1 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" data-eio=\"l\"\/><\/noscript><\/figure>\n<blockquote data-beyondwords-marker=\"bc43690a-56e6-4801-9259-ee816e32f13d\" class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p data-beyondwords-marker=\"6dd17d1b-49b8-43ef-85c3-444c5d61a93a\"><strong>\u201cThis integration is part of Tether&#8217;s broader strategy to make digital currency more globally accessible and useful, leveraging Aptos&#8217; advanced blockchain technology and its exceptional speed and scalability. \u00bb<\/strong><\/p>\n<\/blockquote>\n<p data-beyondwords-marker=\"6d9b4a1c-834c-461a-8199-670e7f775674\">As a reminder, Aptos is a blockchain co-founded by former Meta engineers. This differs from most L1 by using the Move language for programming smart contracts.<\/p>\n<p data-beyondwords-marker=\"e1b21013-5245-4c56-87da-0efd59f0fd10\">USDT maintains its #1 position in the stablecoin ecosystem <strong>$117 billion in market capitalization<\/strong>.<\/p>\n<p data-beyondwords-marker=\"bffebd2e-85cc-4f73-afac-29a3e3695736\">In practice, Tron (TRX) and Ethereum (ETH) are the two main markets for USDT. The two blockchains represent 60 and 53 billion USDT respectively.<\/p>\n<p data-beyondwords-marker=\"748de341-c8c0-4296-b158-1312b0e3129a\" class=\"has-medium-font-size\">Despite the recent market downturn, Tether does not appear to be in crisis. Really, <strong>the company recently revealed record profits of $5.2 billion in the first half of 2024<\/strong>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>At the end of June, the company behind the USDT stablecoin, Tether, announced the removal of its token from several [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4986,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-currency"],"_links":{"self":[{"href":"https:\/\/hindideep.org\/wp-json\/wp\/v2\/posts\/4972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hindideep.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hindideep.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hindideep.org\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hindideep.org\/wp-json\/wp\/v2\/comments?post=4972"}],"version-history":[{"count":1,"href":"https:\/\/hindideep.org\/wp-json\/wp\/v2\/posts\/4972\/revisions"}],"predecessor-version":[{"id":4989,"href":"https:\/\/hindideep.org\/wp-json\/wp\/v2\/posts\/4972\/revisions\/4989"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hindideep.org\/wp-json\/wp\/v2\/media\/4986"}],"wp:attachment":[{"href":"https:\/\/hindideep.org\/wp-json\/wp\/v2\/media?parent=4972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hindideep.org\/wp-json\/wp\/v2\/categories?post=4972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hindideep.org\/wp-json\/wp\/v2\/tags?post=4972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}