Tether's Market Cap Surges to $120 Billion as USD₮ Launches on Aptos Blockchain

The recent surge in the circulation of stablecoins, particularly Tether (USDT), has seen its market cap grow from $10 billion to over $120 billion, reflecting an increasing demand for U.S. dollar-backed assets, especially in emerging markets facing currency devaluation.

In a significant development, USDT is now live on the Aptos blockchain, marking Aptos as the first Move ecosystem to support the world's most dominant stablecoin. This integration is expected to enhance global payment systems, offering near-instant transactions that are cost-effective and widely accessible.

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