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Aptos Foundation Supports Insomnia Labs
On Thursday, Aptos Labs announced on X that the Aptos Foundation now supports Insomnia Labs, an innovative platform that enables creators, artists, gaming studios, and media businesses to access credit against their digital IP.
With a $2M strategic investment, Insomnia Labs will be launching the first USDC-native credit platform for creators on Aptos. This lets creators borrow and receive funding directly in stablecoins, no wrapping, no bridging, no delays.
With built-in on/off-ramps, Circle CCTP support, and high-throughput settlement, creators can move between fiat and USDC effortlessly.
Aptos is a scalable layer-1 blockchain based on the Move programming language. APT is the project’s native token. APT is down 3.1%, trading at $2.194 per coin