Flipster and Aptos Foundation Partner to Drive Stablecoin Adoption and Unlock Multichain Opportunities
As a key milestone of this partnership, Flipster now supports USDT deposits and withdrawals via the Aptos network. This integration adds another high-speed, low-friction option for stablecoin transfers on Flipster, giving users greater mobility across networks. It also enables seamless access to the Aptos ecosystem and participation in Aptos-based protocols.
'Aptos was purpose-built to power the future of global finance,' said Ash Pampati, Head of Ecosystem at the Aptos Foundation. 'Through Flipster's integration of USDT on Aptos, we're unlocking new levels of access, speed and opportunities for users around the world, allowing them to engage with decentralized finance in faster, more impactful ways.'
'Stablecoins are how traders stay agile,' said Youngsun Shin, Head of Product and Partnerships at Flipster. 'They have become essential infrastructure for modern trading, enabling lower-cost capital movement across ecosystems and unlocking new market efficiencies for global users. With USDT transfers on Aptos now live on Flipster, users gain another high-performance rail to deploy capital swiftly and seamlessly.'
Flipster has also recently listed $APT on its spot market, providing users with direct access to the Aptos token and a new entry point into its growing ecosystem.
To celebrate the partnership, Flipster is introducing a series of limited-time campaigns designed to deepen user engagement with the Aptos ecosystem:
$30,000 USDT Launchpool (June 19–24): Verified users who stake $APT can earn USDT rewards, with bonus multipliers based on trading volume or VIP tier. $20,000 USDT Referral Program (June 19–24): New and existing users can earn up to 10 USDT by inviting friends who complete identity verification. New User Bonus (Ongoing): Eligible participants can earn up to 150 USDT by completing onboarding tasks through the Flipster Rewards Hub.
The Flipster-Aptos partnership reflects a shared vision for a more connected and capital-efficient trading ecosystem — where stablecoins play a pivotal role in enabling frictionless access to cross-chain ecosystems, liquidity, and opportunities across global markets.
To learn more or join the campaign, visit https://flipster.io/en/marketing/flipster-aptos-rewards.
About FlipsterFlipster is the zero-friction exchange built for traders who move fast and demand precision. With deep liquidity, ultra-tight spreads, and instant execution, Flipster performs even in fast-moving markets — no lag, no slippage. Every trade is tuned for precision — with zero wasted ticks.
Learn more at flipster.io or follow X.
About Aptos FoundationAptos Foundation is dedicated to supporting the development of the Aptos protocol and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses.
About AptosAptos is a high-performance proof-of-stake layer-one blockchain. Aptos' breakthrough technology, scalable infrastructure, and user safeguards are designed to power the next generation of financial systems by offering unparalleled high throughput and low latency that can scale to billions of users.
Presspr@flipster.io
Photo – https://mma.prnewswire.com/media/2715598/Flipster.jpg
View original content:https://www.prnewswire.co.uk/news-releases/flipster-and-aptos-foundation-partner-to-drive-stablecoin-adoption-and-unlock-multichain-opportunities-302487107.html
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malaysian Reserve
4 hours ago
- Malaysian Reserve
Inc. 5000 Recognizes Avèro Advisors for Fifth Consecutive Year
Five Years Running: Sustained Growth Through Client-Focused Public-Sector Transformation KNOXVILLE, Tenn., Aug. 13, 2025 /PRNewswire/ — Avèro Advisors Earns Spot on the 2025 Inc. 5000 List for Fifth Consecutive Year Avèro Advisors, a leading technology and ERP consulting firm serving state and local governments, has again been named to the Inc. 5000 list of America's fastest-growing, privately held companies. This marks the fifth straight year the Knoxville-based firm has earned the distinction, placing it among a select group of organizations to sustain rapid growth over half a decade. 'Securing a place on the Inc. 5000 for five consecutive years is more than a milestone — it's a testament to our team's relentless commitment to client outcomes and our ability to stay ahead of a constantly evolving technology landscape,' said Abhijit Verekar, Founder and CEO. 'We're honored by the recognition and remain laser-focused on helping public-sector agencies modernize critical systems, improve service delivery, and drive tangible results for the communities they serve.' Avèro's momentum reflects a blend of strategic expansion and unwavering client focus: Client-centric partnerships grounded in deep discovery sessions that align technology initiatives with each agency's mission, regulatory requirements, and budget constraints. Seasoned, forward-thinking consultants who apply emerging cloud, integration, and process-mining technologies to modernize ERP, finance, HR/payroll, permitting, and grants-management platforms. Market diversification that has broadened the firm's footprint across North America, adding specializations in AI readiness assessments, ERP data-migration planning, and change-management training. A culture of reliability and integrity that fosters long-term relationships, leading to repeat engagements and referral-based growth. Since its founding in 2016, Avèro Advisors has helped more than 120 public-sector entities navigate complex procurements, craft modernization roadmaps, and implement cloud-based solutions that streamline operations and increase transparency. The firm's five-year streak on the Inc. 5000 underscores its ability to scale while maintaining the high-touch service government clients require. For more information on Avèro Advisors' service offerings, success stories, and career opportunities, visit . Media Contact: Abhijit Verekar Founder & CEO, av@ 865-415-3848 About Avèro AdvisorsFounded in 2016, Avèro Advisors is a Knoxville-based, independent consulting firm that guides state and local governments through complex digital transformations. The firm provides vendor-neutral expertise in ERP strategy, procurement, and implementation—spanning finance, HR/payroll, procurement, asset management, permitting, and more—so agencies can confidently adopt modern, cloud-based platforms. Avèro's collaborative, outcome-focused approach has earned it a place on the Inc. 5000 list of America's fastest-growing private companies for five consecutive years. (Who We Are – Avero Advisors, Avero Advisors Partners with Santa Fe County to Lead ERP Transformation)
The Sun
6 hours ago
- The Sun
‘Stop production': Small US firms hit by tariff changes
WASHINGTON: When US President Donald Trump announced tariffs on almost all trading partners in April, Ben Knepler contacted the factory in Cambodia producing his company's outdoor furniture. 'Stop production,' he ordered. The announcement involved a 10% levy on imports from most partners, set to rise further for many of them. For Cambodia, the planned duty was a staggering 49%. 'That night, we spoke to our factory,' Knepler told AFP. 'We literally cannot afford to bring our own product into the US with that kind of tariff.' The decision was even more painful for Knepler and his Pennsylvania-based company True Places, given that he had previously shifted production of his outdoor chairs to Cambodia from China, following tariffs on Chinese imports imposed by Trump during his first presidency. 'We were facing 25% tariffs in China, and there were 0% tariffs in Cambodia,' Knepler recalled. It took him a year to move the massive equipment and molds to Cambodia only to see another steep levy. With Trump's 'reciprocal' tariff hikes taking effect last Thursday, these Cambodia-made chairs face a lower – though still significant – 19% duty. Knepler's experience echoes that of many US companies producing everything from yo-yos to clothing abroad, after years of offshoring American manufacturing. To cope, businesses use various strategies. Some pass on the new costs as a surcharge to customers. Others halted imports when duties reached prohibitive levels, hoping Trump would strike bilateral trade deals that would make their businesses viable again. Trump frames his tariffs as paid for by other countries, touting tens of billions in revenue this year – but firms contest this description. 'We make the tariff payments when the product comes into the US,' Knepler stressed. 'Before we sell it, we're the ones who pay that tariff.' Now saddled with hundreds of thousands of dollars in debt he took on to relocate the company's production to Cambodia. He likens the rapid policy changes to spinning a 'wheel of misfortune,' resulting in a new tariff each time. Over four months this year, the planned tariff rate on Cambodian exports has gone from 0% to 49%, to 10%, to 36%, to 19%, he said. 'No one knows what it's going to be tomorrow,' he added. 'It's impossible to have any kind of confidence in what the rate will be in three- or four-months' time.' Economists warn that tariffs could fuel inflation and drag on growth. EY chief economist Gregory Daco noted that the duties effective Thursday raise the average tariff rate to 17.6% from 2.8% at the start of the year – the highest level since the early 1930s. While Trump lauds the limited effects his duties have had on US prices so far, experts say tariffs take time to filter through to consumers. Many of Trump's sweeping levies also face legal challenges over his use of emergency economic powers. Barton O'Brien said he accelerated production and borrowed money to bring in as much inventory as possible before Trump took office. On the election campaign trail, the Republican leader had floated a 60% tariff on imports from China, where O'Brien makes most of his products. The Maryland-based veteran selling dog harnesses and other accessories rented a container to ship as many products as he could before Trump's new tariffs would take effect. There is 'no way' to produce domestically, he said, adding that comparable US-made products sell for nearly six times his retail prices.
The Star
9 hours ago
- The Star
Delivery drones may soon take off in the US. Here's why
Delivery drones are so fast they can zip a pint of ice cream to a customer's driveway before it melts. Yet the long-promised technology has been slow to take off in the United States. More than six years after the Federal Aviation Administration approved commercial home deliveries with drones, the service mostly has been confined to a few suburbs and rural areas. That could soon change. The FAA proposed a new rule last week that would make it easier for companies to fly drones outside of an operator's line of sight and therefore over longer distances. A handful of companies do that now, but they had to obtain waivers and certification as an air carrier to deliver packages. While the rule is intended to streamline the process, authorised retailers and drone companies that have tested fulfilling orders from the sky say they plan to make drone-based deliveries available to millions more US households. Walmart's multistate expansion Walmart and Wing, a drone company owned by Google parent Alphabet, currently provide deliveries from 18 Walmart stores in the Dallas area. By next summer, they expect to expand to 100 Walmart stores in Atlanta; Charlotte, North Carolina; Houston; and Orlando and Tampa, Florida. After launching its Prime Air delivery service in College Station, Texas, in late 2022, Amazon received FAA permission last year to operate autonomous drones that fly beyond a pilot's line of sight. The e-commerce company has since expand its drone delivery program to suburban Phoenix and has plans to offer the service in Dallas, San Antonio, Texas, and Kansas City. The concept of drone delivery has been around for well over a decade. Drone maker Zipline, which works with Walmart in Arkansas and the Dallas-Fort Worth area, began making deliveries to hospitals in Rwanda in 2016. Israel-based Flytrex, one of the drone companies DoorDash works with to carry out orders, launched drone delivery to households in Iceland in 2017. But Wing CEO Adam Woodworth said drone delivery has been in "treading water mode' in the US for years, with service providers afraid to scale up because the regulatory framework wasn't in place. "You want to be at the right moment where there's an overlap between the customer demand, the partner demand, the technical readiness and the regulatory readiness,' Woodworth said. "I think that we're reaching that planetary alignment right now.' Flying ice cream and eggs DoorDash, which works with both Wing and Flytrex, tested drone drop-offs in rural Virginia and greater Dallas before announcing an expansion into Charlotte. Getting takeout food this way may sound futuristic, but it's starting to feel normal in suburban Brisbane, Australia, where DoorDash has employed delivery drones for several years, said Harrison Shih, who leads the company's drone program. "It comes so fast and it's something flying into your neighbourhood, but it really does seem like part of everyday life,' Shih said. Even though delivery drones are still considered novel, the cargo they carry can be pretty mundane. Walmart said the top items from the more than 150,000 drone deliveries the nation's largest retailer has completed since 2021 include ice cream, eggs and Reese's Peanut Butter Cups. Unlike traditional delivery, where one driver may have a truck full of packages, drones generally deliver one small order at a time. Wing's drones can carry packages weighing up to 2.5 pounds (1.1kg). They can travel up to 12 miles (19km) round trip. One pilot can oversee up to 32 drones. Zipline has a drone that can carry up to 4 pounds (1.8kg) and fly 120 miles (193km) round trip. Some drones, like Amazon's, can carry heavier packages. Once an order is placed, it's packaged for flight and attached to a drone at a launch site. The drone automatically finds a route that avoids obstacles. A pilot observes as the aircraft flies to its destinations and lowers its cargo to the ground with retractable cords. Risks and rewards of commercial drones Shakiba Enayati, an assistant professor of supply chain and analytics at the University of Missouri, St. Louis, researches ways that drones could speed the delivery of critical health supplies like donated organs and blood samples. The unmanned aircraft offer some advantages as a transport method, such as reduced emissions and improved access to goods for rural residents, Enayati said. But she also sees plenty of obstacles. Right now, it costs around US$13.50 (RM 56.91) per delivery to carry a package by drone versus US$2 (RM8.43) for a traditional vehicle, Enayati said. Drones need well-trained employees to oversee them and can have a hard time in certain weather. Drones also can have mid-air collisions or tumble from the sky. But people have accepted the risk of road accidents because they know the advantages of driving, Enayati said. She thinks the same thing could happen with drones, especially as improved technology reduces the chance for errors. Woodworth added that US airspace is tightly controlled, and companies need to demonstrate to the FAA that their drones are safe and reliable before they are cleared to fly. Even under the proposed new rules, the FAA would set detailed requirements for drone operators. "That's why it takes so long to build a business in the space. But I think it leads to everybody fundamentally building higher quality things,' Woodworth said. Others worry that drones may potentially replace human delivery drivers. Shih thinks that's unlikely. One of DoorDash's most popular items is 24-packs of water, Shih said, which aren't realistic for existing drones to ferry. "I believe that drone delivery can be fairly ubiquitous and can cover a lot of things. We just don't think its probable today that it'll carry a 40-pound (18kg) bag of dog food to you," Shih said. The view from the ground in Texas DoorDash said that in the areas where it offers drone deliveries, orders requiring the services of human delivery drivers also increase. That's been the experience of John Kim, the owner of PurePoke restaurant in Frisco, Texas. Kim signed on to offer drone deliveries through DoorDash last year. He doesn't know what percentage of his DoorDash customers are choosing the service instead of regular delivery, but his overall DoorDash orders are up 15% this year. Kim said he's heard no complaints from drone delivery customers. "It's very stable, maybe even better than some of the drivers that toss it in the back with all the other orders,' Kim said. For some, drones can simply be a nuisance. When the FAA asked for public comments on Amazon's request to expand deliveries in College Station, numerous residents expressed concern that drones with cameras violated their privacy. Amazon says its drones use cameras and sensors to navigate and avoid obstacles but may record overhead videos of people while completing a delivery. Other residents complained about noise. "It sounds like a giant nagging mosquito,' one respondent wrote. Amazon has since released a quieter drone. But others love the service. Janet Toth of Frisco, Texas, said she saw drone deliveries in Korea years ago and wondered why the US didn't have them. So she was thrilled when DoorDash began providing drone delivery in her neighbourhood. Toth now orders drone delivery a few times a month. Her nine-year-old daughter Julep said friends often come over to watch the drone. "I love to go outside, wave at the drone, say 'Thank you' and get the food,' Julep Toth said. – AP
