It’s been over 48 hours since the big news in the stablecoin and blockchain world was announced and the excitement is palpable. Tether is launching its USD₮ stablecoin on the Aptos blockchain, making it the first major stablecoin on a Move-powered chain !
Why is this significant? Aptos offers unparalleled transaction efficiency with extremely low gas fees (just a fraction of a penny!) This will enable USD₮ to be used for everything from micro-transactions to large-scale operations.
Aptos has seen massive growth in 2024, with daily active users nearly doubling from 96K in January to 170K in July.
https://cointelegraph.com/news/nansen-aptos-partnership-dashboard-web3-onboarding
Aptos later processed a record-breaking 326M+ transactions in a single day in August, showcasing its impressive scalability.
https://app.nansen.ai/macro/blockchains?chain=aptos
The Aptos Explorer provides the latest network analytics over the last 30 days:
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An average of 700,000 user transactions daily, with over 326M in a day with @taposcat
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Peak TPS of over 12,499
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Over 2.5M Monthly Active Accounts on average
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An average of over 200K Daily Active Accounts
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An average of 60K - 80K New Accounts Created daily
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Average Gas Unit Price of 0.00000100 APT
And other awesome Aptos Network stats that you can check out below !
Tether CEO @paoloardoino says this partnership will make “digital currencies more accessible and functional”. This will facilitate faster, cheaper USD₮ transactions on Aptos’ high-performance blockchain.
For Aptos, the USD₮ launch is a major milestone. Aptos Labs CEO @moshaikhs anticipates this partnership will “leverage Aptos’ capability to process massive volumes and rapidly grow its user base” pushing the boundaries of what blockchain tech can achieve.
The implications for Web3 adoption are profound. As @BasharLazaar, Head of Grants & Ecosystem at @Aptos Foundation notes, “The launch of USD₮ on Aptos accelerates the availability and utility of real-world value for institutions, Web3 builders, and regular people worldwide.” More on this from Aptos CTO @AveryChing below !
The USD₮ integration will bring the stability and reliability of the world’s biggest stablecoin to Aptos’ rapidly growing ecosystem of over 170 dApps and DeFi protocols. Check out the Aptos Ecosystem below 
By launching on Aptos, USD₮ will become more accessible and useful globally, especially in emerging markets. The ultra-low fees open up new possibilities like micro-payments and transactions.
Tether launching on Aptos is a huge step forward for stablecoin utility and accessibility. USD₮ on Aptos will power a new wave of low-cost, high-speed transactions and dApps!
https://cointelegraph.com/news/tether-launches-usdt-aptos-blockchain-lowering-transaction-costs
Make sure to join the Aptos global community in whichever region you may be and join the conversation on all platforms !
