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Aptos and Yellow Card Bring Gas-Free USDT Transactions to Africa

  • Aptos and Yellow Card have launched a gas-free USDT and USDC transfer service in over 20 African countries, allowing for fast and fee-free stablecoin payments.
  • The partnership aims to enhance financial inclusion by simplifying cross-border transactions through instant settlement and covering gas fees for users.
  • Stablecoins like USDT and USDC are gaining popularity in Africa, with over 50 million digital asset users in Sub-Saharan Africa alone, making them a valuable medium of exchange amidst currency fluctuations.
  • Aptos' strategic moves extend beyond Africa, including participation in the CFTC Digital Asset Markets Subcommittee in Washington and investments in diverse sectors like public health, showcasing a broader focus beyond finance.

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