According to the post on X, improved integration will make transaction costs economically viable for broader use cases such as microtransactions and large-scale enterprise transactions.

Paolo Ardoino, CEO of Tether, stated that the Aptos blockchain will ensure fast, reliable and low-cost transactions.

“The Tether team is excited to integrate and collaborate with the Aptos ecosystem, reinforcing our commitment to making digital currencies more accessible and functional.” He said

However, Aptos also experienced exponential growth in 2024, with the number of daily active users increasing from 96,000 in January to 170,000 in July.

Nansen cooperates with Aptos

Meanwhile, in July, Nansen announced its partnership with the Aptos Foundation, which aims to provide best-in-class on-chain data and analytics to the Apros ecosystem.

According to Bashar Lazaar, Head of Grants and Ecosystems at the Apros Foundation:

“We all benefit when the best in the world work to advance the technology. Bringing these top data integration providers into the Aptos ecosystem ensures that developers, projects and protocols can make the most of on-chain data and add value to their communities.”

Also read: Celsius sues Tether for $3.5 billion in Bitcoin