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SK Telecom Expands Digital Currency Access with USDT Integration on Aptos in T Wallet

SK Telecom Expands Digital Currency Access with USDT Integration on Aptos in T Wallet

South Korea’s SK Telecom integrates USDT on Aptos into its T Wallet, offering stablecoin access to 30 million users via a seamless Web2 login system.

Image of Tanishq BodhTanishq BodhNews

Nov 3, 2024

Written By Tanishq Bodh

Author: Tanishq Bodh

Written On: Sun, 03 Nov 2024 09:40:35 GMT

SK Telecom, South Korea’s largest telecommunications provider, is adding USDT on the Aptos blockchain to its T Wallet, bringing stablecoin accessibility to 30 million users. The integration leverages Aptos’ Move-powered blockchain, marking the first time USDT will be available on this infrastructure. According to SK Telecom, this could significantly increase global access to digital currency, supported by the blockchain’s high performance and secure framework.

With a straightforward Web2 login process powered by the PASS app, T Wallet users can now access and transact in USDT on Aptos, a move aimed at mainstreaming stablecoin use for cost-efficient and fast digital payments. By utilizing the blockchain’s low transaction fees and robust security features, SK Telecom believes the integration will make digital currency transactions more accessible to a wider audience.

This marks a strategic advancement for both SK Telecom and Aptos, as the partnership seeks to bridge traditional finance and blockchain technology, driving adoption of digital currency among mainstream users. SK Telecom’s embrace of USDT on Aptos highlights its commitment to making digital assets a viable option for everyday transactions in South Korea and beyond.

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