Aptos (APT) announced on Tuesday that Tether is launching its USDT stablecoin on the Aptos blockchain.
Aptos announces that Tether , the largest stablecoin, will soon be integrated with its blockchain. Aptos price trades inside the descending wedge pattern that could prompt a bullish move if broken. A daily candlestick close below $5 would invalidate the bullish thesis. Aptos announced on Tuesday that Tether is launching its USDT stablecoin on the Aptos blockchain. This move is positive for Aptos as stablecoins such as USDT act as a bridge between the crypto assets and fiat currencies.
Overall, the arrival of USDT on Aptos is viewed as a pivotal event that could drive substantial growth and adoption for both Tether and Aptos. That’s it. That’s the tweet https://t.co/omoPMwWKy7 — Aptos August 20, 2024 Aptos price could be poised for a rally Aptos price trades inside a descending wedge pattern . Breaking above this pattern would signal a bullish move. At the time of writing on Tuesday, APT trades slightly higher by 5.3% at $6.35.
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