• Aptos and Yellow Card enable gas-free USDT and USDC transfers across 20 African countries with sub-second settlement speed.
• This partnership supports financial inclusion by simplifying cross-border stablecoin payments through fast, fee-free blockchain transactions.

Aptos Labs has partnered with Yellow Card to launch a gas-free USDT and USDC stablecoin transfer service in Africa. The project is already live in over 20 African countries, and what makes it even more interesting is that the process is fast, almost instant, and users don’t have to pay a dime in network fees. This partnership is not just about blockchain technology, but about easier access for people who have been underserved by the traditional financial system. With the support of the “gas-sponsored onboarding” feature, Aptos covers the gas fee in full. This means that anyone using the Yellow Card app in the target country can immediately send and receive stablecoins without having to top up their balance for gas fees—very convenient, especially for things like sending money to family across borders or paying small businesses. In case you missed it! We announced our partnership with @Aptos to bring faster, seamless USDT transactions to our customers across Africa. Read about how this partnership is powering payments & what it means for traders and businesses: https://t.co/3QHbExuezO #YellowcardXAptos — Yellow Card (@yellowcard_app) July 3, 2025 Stablecoins Gain Ground as Aptos Expands Payment Reach Furthermore, this project is not just about technical efficiency. In Sub-Saharan Africa alone, there are over 50 million digital asset users, and stablecoins are becoming an increasingly popular medium of exchange. Especially since local currency fluctuations can often be a headache. USDT and USDC act as a kind of ‘float’ to keep transaction values ​​safe. Therefore, Aptos and Yellow Card’s move comes at the right time. According to Alex Heuer from Aptos Labs, this solution was built to meet real needs in the field—transaction speed and low costs. From Yellow Card’s side, they call this a step to “empower millions of users.” On the other hand, this step also shows Aptos’ increasingly serious positioning in working on the global payment sector. At the end of June, we highlighted the launch of Panora Flows—a feature that allows users to bridge, exchange, and combine assets from more than 10 blockchain networks directly to Aptos in one transaction flow. The impression that emerged: they are not playing around with interoperability. From Crypto Circles to Washington and Public Health Interestingly, Aptos’ steps do not stop in Africa. CNF previously reported that Aptos Foundation CEO Avery Ching now sits on the Commodity Futures Trading Commission (CFTC) Digital Asset Markets Subcommittee in Washington. This committee is not just any forum, because it is also filled with figures from BlackRock, Citadel, to Goldman Sachs. You could say, they are now sitting with the world’s top financial players. Not only that, Aptos has also started to expand into other sectors that are far from our imagination regarding blockchain. Early last April, they announced an investment investment in Universal Health Token, a gamification-based health company from Singapore. Under the control of Agastya Samat, UHT uses AI and blockchain to make health care more attractive, accessible, and effective. So it’s not just the financial world that is being targeted by Aptos, but also public health. Meanwhile, as of press time, APT is trading at about $4.54, down 5.39% over the last 24 hours, with $166 million in daily trading volume.

A fresh burst of verbal shrapnel from on-chain investigator ZachXBT has reignited the long-running feud between the sleuth and the XRP community, with Ripple again cast as the outlier among major stable-asset ecosystems. The exchange began after WatcherGuru reported on X + that Circle, the issuer of USD Coin (USDC), has applied to become a federally regulated national trust bank in the United States. Within minutes, ZachXBT—whose meticulous wallet-tracking has underpinned investigations into more than $100 million in blockchain thefts—accused Circle of turning a blind eye to sanctioned North Korean activity. “Circle / USDC is the primary infra used by DPRK IT workers to facilitate payments. They currently do NOTHING to detect / freeze the activity while boasting about compliance… I can point out high 8 figs in recent volume,” he wrote, adding that the indifference is symptomatic of “the crime super cycle.” Tether, Circle, Paxos All More Trustworthy Than Ripple? An XRP supporter swiftly attempted to redirect the criticism: “So you’re saying we should be using RLUSD instead, eh?”—a reference to Ripple’s yet-to-launch, asset-backed stablecoin. ZachXBT’s reply was unambiguous: “I trust Circle, Paxos, or Tether infinitely more than Ripple.” Pressed to justify preferring Tether—whose opaque reserves have drawn scrutiny from US and EU regulators—over Ripple, he gave a terse rationale: “They all at least have organic users whereas Ripple does not and theirs comes from misrepresenting paid partnerships to make it appear like adoption.” The XRP advocate denounced that assessment as “lazy,” citing integrations with AeonPay, Alchemy Pay and “millions of merchants,” and argued that paying for partnerships is an industry-wide growth tactic. ZachXBT did not further elaborate, but the latest salvo is consistent with a trail of earlier broadsides. In March 2025 he asserted that a legitimate layer-1 chain can be gauged by the presence of native stablecoins from the “big three” issuers—Circle, Tether and Paxos. “Both ADA and XRP have zero from major stablecoin issuers…” he wrote at the time. In January 2025 he highlighted what he characterized as opaque treasury flows, noting that more than $109 million in XRP had moved from wallet rhREXVHV938ToGkdJQ9NCYEY4x8kSEtjna, activated by Ripple co-founder Chris Larsen, to exchanges including Coinbase, Bitstamp and Bybit in a single month. “Well I guess it’s a good thing no one stalks XRP transfers from wallets tied to the founders/foundation,” he remarked sarcastically. Responding to a February 2024 plea to investigate an alleged XRP scam address, he quipped that the wallet in question could not have “scammed more than the XRP founders constantly dumping 9 figs on bag-holders.” Taken together, the remarks sketch a researcher who, while frequently critical of compliance practices at the stablecoin heavyweights, nevertheless views Ripple as uniquely untrustworthy—chiefly for what he deems manufactured network adoption and persistent insider selling. At press time Ripple Labs, Circle, Paxos and Tether had not publicly responded to the latest remarks. XRP traded at $2.1978.

A crypto user has just lost more than $2.5 million in a simple copy-and-paste mistake. They tried to move 843,166 USDT to a safe wallet. Instead, they sent a chunk of it to the wrong address. Then they did it again—this time sending $1.7 million to the same scammer. It’s a costly reminder that even small slips can erase fortunes. Copy-Paste Blunder Leads To Million-Dollar Loss According to on-chain records, the victim first moved $838,611 in USDT to the right address (0x4668D1Fe87444a4d750…). A moment later, they clicked the wrong entry in their transaction history. That misstep cost them 843,166 USDT at current prices. They tried once more. And again the funds went to the scammer’s account—and another $1.7 million vanished. History Poisoning Trick Catches Many Off Guard Based on reports from Scam Sniffer, scammers are using “transaction history poisoning” to pull off these cons. They send tiny “dust” transfers from look-alike addresses—just enough to clutter a wallet’s history. Transaction History Poisoning: 1. Scammer sends fake/dust transfer with similar address 2. Their fake address appears in your history 3. You copy address from history thinking it’s legitimate 4. Funds get sent to scammer insteadhttps://t.co/S2lM8J8XWm — Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) May 26, 2025 When users scroll back through past transactions, they can’t tell the real address from the bogus one. Copy. Paste. Gone. In this case, the attack address (0x4668EE748c88DA4FEc…) looked almost identical to the real one. And it showed zero balance, adding to the confusion. Phishing Scams Remain High April’s phishing losses hit $5.29 million. That’s down 17% from March. But the number of victims climbed 26%, from 5,992 to 7,565 addresses. A single “whale” lost $1.43 million to a phishing signature. Back in March, the biggest haul was $1.82 million. ScamSniffer April 2025 Phishing Report April losses: $5.29M | 7,565 victims VS March: -17% in losses | +26% in victims Key insight: Notable spike in victim count despite lower total losses. Largest attack netted $1.43M via phishing, followed by $700K from address poisoning… pic.twitter.com/mJbGgGyGrN — Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) May 3, 2025 April’s second-largest attack saw one user lose $700,000 after copying the wrong address. Another person sent $150,000 by mistake. And wallet 0xEFc4f1d5 alone lost over $467,000 in a similar copy-paste trap. New Threats From EIP-7702 Upgrade On May 24, the phishing gang Inferno Drainer used Ethereum’s new EIP-7702 rules to steal almost $150,000 in one hit. EIP-7702 lets regular accounts act like smart contracts for a moment. The scammers guided victims to approve a batch of hidden token transfers through a delegated MetaMask setup. One click opened the door for a silent “execute” command that drained the wallets in seconds. Greed Breeds Risk Crypto markets are near $3.5 trillion in total value. Bitcoin hit a fresh all-time high of $111,900 on May 22. Traders are chasing big gains. That rush makes urgent moves, and urgent moves invite mistakes. Featured image from Unsplash, chart from TradingView