HTX Adds Tether’s USDT on Aptos As Network Boasts $1B in Stablecoin Liquidity

BlockChainReporter
HTX-0,23%
ON5,13%
APT-3,88%

Aptos on Friday announced that Tether’s USDT is now supported by HTX, a move the team said highlights Aptos’s growing role as a low-cost home for stablecoin liquidity. In a brief post on X, Aptos wrote, “HTX now supports Tether’s USDT on Aptos. Currently home to $1B USDT, Aptos offers the most cost-effective USDT transfers, 40,000x cheaper than other chains. Visit HTX to learn more.”

The announcement comes after Tether’s broader rollout of native USDT on the Aptos network last year, part of a wider push by the stablecoin issuer to expand support across newer layer-1 chains. Industry coverage at the time noted the promise of near-instant settlement and extremely low per-transaction costs on Aptos, attributes that projects and exchanges have cited as reasons to deploy stablecoins there.

Strengthening Aptos’ Stablecoin Ecosystem

For HTX, the listing means users of the exchange can now deposit, withdraw or move USDT on Aptos without routing through other networks, a convenience that, if adoption grows, could shift some trading and on-chain activity toward Aptos’s ecosystem. HTX, one of the world’s prominent crypto platforms, hosts markets across many tokens and has been expanding its support for wallets and networks in recent months.

Aptos’s claim that USDT transfers on its chain are “40,000x cheaper” than other chains is a striking way to quantify the network’s low fees; whether that cost delta holds up under all traffic conditions depends on demand, congestion and how different chains measure typical transfer costs. Still, the presence of roughly $1 billion in USDT on the network, as Aptos’s post states, suggests there is already meaningful liquidity that traders and decentralized apps can tap.

Market watchers say the combination of native stablecoin support plus a large exchange integration can accelerate on-chain use cases, from faster remittances to cheaper micro-payments. If more exchanges and services follow HTX’s lead, Aptos could see an uptick in both trading flow and developer activity, though critics will be watching for real-world stress tests of fees and finality as volumes scale.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Tether advances its stablecoin business and integrates with the Bitcoin Lightning Network

Gate News reports that on March 19, Tether is advancing the integration of its stablecoin business with Bitcoin's Lightning Network. The Lightning Network is a network layer built on Bitcoin that supports faster and lower-cost transactions. This move aims to expand the application scenarios of Tether stablecoins through the technical advantages of the Lightning Network and attract more users to utilize the Bitcoin network.

GateNews4h ago

Seoul Police Bust Family Money Laundering Ring, Transfers Hundreds of Billions of Won Through Unregistered Cryptocurrency Exchange

Seoul police uncovered a money laundering case involving an unregistered virtual asset exchange, arresting 19 members with suspected proceeds totaling hundreds of billions of won. The group converted cash obtained from telecommunications fraud into Tether (USDT) and transferred it overseas. Police seized approximately 6 billion won in assets.

GateNews5h ago

Tether Launches BitNet LoRA Framework Across Platforms

Tether's QVAC Fabric introduces the BitNet LoRA framework, enabling AI model training on consumer devices with reduced VRAM needs and improved performance. Users can fine-tune large models on smartphones, making AI development more accessible and efficient.

CryptoFrontNews03-18 20:36
Comment
0/400
No comments