Published On: Fri, 01 Nov 2024 02:05:04 GMT

SK Telecom partners with Aptos to integrate USDT in their product

Aptos Foundation has teamed up with South Korea’s telecom leader, SK Telecom to brings USDT to their web3 product.

Nov 1, 2024, 2:05 AM UTC

Author: Sahil Thakur

Aptos Foundation has teamed up with South Korea’s telecom leader, SK Telecom. Together, they aim to bring Tether’s USDT stablecoin to “T wallet.” This collaboration will make stablecoins more accessible through a widely trusted platform.

Simple Access: Users can access USDT on Aptos blockchain through SK Telecom’s PASS app, with minimal friction.
Stablecoin for Millions: Over 30 million SK Telecom customers can now explore stablecoin usage with T wallet.
Shared Vision: SK Telecom aims to democratize digital assets, combining its expertise with Tether’s innovations.

The partnership aims to bridge traditional finance with blockchain. Oh Sehyeon, vice president of SK Telecom’s web3 division, noted this collaboration fits their mission. By working with Tether, they aim to expand decentralized networks to more people.

Tether’s recent support for Aptos highlights its robust developer community. The network’s low gas fees make it cost-effective, suiting both microtransactions and large enterprise needs.

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