Added $APT to the watchlist, its recent performance has been quite strong, rising from $3.9 to $5.3. I haven't built a position yet, just keeping an eye on it to see if there are suitable opportunities.
The project team has made some significant moves recently, including the integration of native USDT on the Aptos chain and a collaboration with USD1. Additionally, Bitwise has submitted an application for an Aptos ETF.
Good news and price don't always correlate positively, so there's no rush to get in. I'll continue to observe whether the price trend is relatively strong before finding a good entry point.
October 2024: @Tether_to's USDT launches natively on Aptos.
Since then, USDT supply has grown eightfold, reaching $680M, and today, makes up nearly 75% of Aptos' total stablecoin supply.
With @BithumbOfficial's recent support, the global takeover of Aptos-native USDT continues.
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