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Layer-1 Chain Aptos (APT) To Integrate Stripe’s Payment Services, Add USDC Stablecoin to Ecosystem – The Daily Hodl

23 November 2024
in Altcoin
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Layer-1 blockchain Aptos (APT) has introduced a plan to combine fintech large Stripe’s fee providers and the stablecoin USDC.

Stripe’s fee providers will present a fiat on-ramp for the Aptos community, in keeping with a brand new press launch from the layer-1 undertaking.

Circle chief govt Jeremy Allaire says the brand new improvement is a part of the stablecoin firm’s efforts to scale USDC.

“USDC + CCTP + Aptos = high-performance, very highly effective programmable cash infrastructure. Excited for the upcoming launch!”

Stripe reemerged within the crypto sector final month when it rolled out assist for USDC settlements. The funds large beforehand enabled funds made utilizing Bitcoin (BTC) till 2018, when the agency discontinued its assist, citing BTC’s lack of utility as a funds rail.

Aptos’ native token, APT, is buying and selling at $11.98 at time of writing. The Twenty seventh-ranked crypto asset by market cap is down practically 1% prior to now 24 hours however up practically 6.5% prior to now week and greater than 15.8% prior to now month.

Regardless of its current features, APT stays practically 40% down from its all-time excessive of $19.92, which it set in January 2023.

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Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses you could incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in internet affiliate marketing.

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Tags: addAPTAptosChainDailyEcosystemHodlIntegrateLayer1PaymentServicesStablecoinStripesUSDC
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