Bybit has launched the Aptos Network USD1, supporting users' feeless deposits and withdrawals.

BlockBeats News, October 24th, Bybit has launched USD1 issued on the World Liberty Finance on the Aptos Network. Users can deposit and withdraw USD1 on Bybit via the Aptos Network and enjoy a 0 Gas fee promotion. In addition, participating users also have the opportunity to win a USD1 Lucky Draw reward worth $90,000.

The high-performance, low-cost, and secure nature of Aptos provides an efficient clearing and transfer channel for stablecoin assets. Major trading platforms such as Bybit, Crypto.com, and others widely support the deposit and withdrawal of mainstream stablecoins like USDT and USDC on Aptos, with extremely low fees, even close to 0. This significantly reduces the cost for users to circulate stablecoins across platforms.