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Aptos Stablecoins Hit $1 Billion Market Cap, Driven By USDC Market Dominance  

source-logo  blockchainreporter.net 27 March 2025 23:15, UTC

The market cap of stablecoins on the Aptos protocol has reached $1 billion this week, according to data shared by Messari today. Aptos’ stablecoin supply reaching $1 billion for the first time shows a recent increase in stablecoin inflows to the blockchain.

Stablecoins on Aptos cross $1B market cap. +$200M this week. https://t.co/ftOqH8uTVK

— Messari (@MessariCrypto) March 27, 2025

Aptos milestone in stablecoin holding

As per data, stablecoins on Aptos hit $1 billion market cap following an increase of $200 million this week. With this rise, stablecoin supply on the protocol has climbed to a new AHT, moving above the recent peak of $780 million recorded on January 31, 2025. This rise is mainly contributed by recent growth of USDT stablecoin. Latest data shows that USDT owns a 75% share of stablecoin market in the Aptos network.

Ethena’s USDe, Circle’s USDC, and Tether’s USDT are the three major stablecoins in the Aptos chain. These integrations strengthened Aptos’ status as a prominent stablecoin network, unleashing new opportunities for DeFi users.

Tether launched its USDT stablecoin on Aptos in October 2024. While Circle rolled out its USDC stablecoin on the mainnet in late January this year, Ethena debuted its USDe in the network late last month.

Unlocking the power of Aptos DeFi

With the integration of various stablecoins, Aptos is widening its role as a major platform for DeFi. The addition of these stable assets not only strengthens the platform’s stablecoin ecosystem but also expands liquidity flows and unlocks yield opportunities across the Aptos DeFi network.

Stablecoins have contributed a crucial role in broadening the DeFi network on Aptos, accounting for more than 20% of the blockchain’s $1.091 billion TVL. This growth highlights Aptos’ capacity to support innovative financial platforms and the tokenization of RWAs on a cost-friendly, high-speed, and secure network. With the world’s major stablecoins moving to Aptos as a core for global finance, big money is circulating on Aptos. APT, Aptos native token, is among the top 30 biggest crypto assets with a market cap of $3.59 billion.

blockchainreporter.net