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

cryptonews.net 27/03/2025 - 23:13 PM

Aptos Stablecoins Cross $1 Billion Market Cap

The market cap of stablecoins on the Aptos protocol has reached $1 billion this week, according to data shared by Messari.

> Stablecoins on Aptos cross $1B market cap. +$200M this week. Link
> — Messari (@MessariCrypto) March 27, 2025

Aptos Milestone in Stablecoin Holding

Recent data indicates that the stablecoin supply on Aptos hit a historic high (AHT) of $1 billion, following a $200 million increase this week. This surpasses the previous peak of $780 million recorded on January 31, 2025. The primary contributor to this increase is the growth of USDT, which holds a 75% share of the stablecoin market within the Aptos network.

The three major stablecoins on the Aptos chain are Ethena’s USDe, Circle’s USDC, and Tether’s USDT. Their integrations have bolstered Aptos’ reputation as a significant stablecoin network, creating new opportunities for DeFi users.

Tether launched its USDT stablecoin on Aptos in October 2024. Meanwhile, Circle rolled out its USDC stablecoin on the mainnet in late January 2025, and Ethena debuted its USDe in late February 2025.

Unlocking the Power of Aptos DeFi

With various stablecoin integrations, Aptos is solidifying its position as a major platform for DeFi. The introduction of these stable assets not only enhances the stablecoin ecosystem on the platform but also boosts liquidity flows and creates yield opportunities across the Aptos DeFi network.

Stablecoins play a crucial role in expanding the DeFi network on Aptos, accounting for over 20% of the blockchain’s $1.091 billion TVL. This growth underscores Aptos’ ability to support innovative financial platforms and the tokenization of RWAs on a cost-effective, high-speed, and secure network. With major stablecoins establishing a base on Aptos as a cornerstone of global finance, significant capital is flowing through the platform. APT, the native token of Aptos, is ranked among the top 30 largest crypto assets with a market cap of $3.59 billion.




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