Aptos: The Chain of Choice for Stablecoins

This milestone represents a 500% increase in stablecoin supply year-over-year, underscoring the rapid adoption of stablecoins across the network and Aptos’ growing role as a trusted platform for digital value transfer.

With seamless support for the world’s biggest stablecoins, the message is clear: Aptos is for stables. 

The Stablecoin Trifecta on Aptos

Native support for the world’s three largest stablecoins—USDT, USDC, and USDe—has been integrated across the Aptos ecosystem. This “trifecta” has significantly strengthened Aptos’ position as a comprehensive stablecoin hub. 

Tether’s USDT launched natively on Aptos in October 2024. Since then, USDT supply has grown eightfold, reaching $680 million and today making up nearly 75% of Aptos’ total stablecoin supply. Adoption was recently bolstered with one of Korea’s largest exchanges, Bithumb, listing Aptos-native USDT.

Circle’s USDC followed in January 2025 with its market cap on Aptos more than doubling in just months to $295 million. 

USDe, Ethena’s synthetic dollar, was bridged to Aptos via Stargate in February 2025. The world’s third-largest stablecoin, over 93.7 million sUSDe (the yield-bearing version) has been bridged to Aptos to date, showing the growing appetite for stablecoins with yield-generation opportunities.

Together, these stablecoins form the foundation of Aptos’ stablecoin economy, giving users flexibility in how they store and transfer value.

A Diverse Stablecoin Landscape

While the three largest stablecoins drive most of the momentum, Aptos also supports a diverse set of alternative stablecoins across its ecosystem. Recently, PayPayl launched its PYUSD0 stablecoin on Aptos via LayerZero and Stargate. Supported across 10+ blockchains, Aptos is the only Move-based chain to support PYUSD0.

Similarly, Ondo’s yield-bearing stablecoin USDY has carved out a foothold with $16 million in supply on Aptos, combining stability with access to short-term Treasury yields.

Closer to home, Aptos-native innovation is thriving as well. Thala’s MOD, an overcollateralized stablecoin designed specifically for Aptos, has steadily grown to a market cap of $3.75 million. Projects like MOD highlight how Aptos is not just a host for global leaders but also a platform that nurtures homegrown stablecoin innovation.

Stablecoins Fueling DeFi Growth

The momentum in stablecoins is closely tied to the growth of Aptos’ DeFi ecosystem. In March 2025, total value locked (TVL) on Aptos surpassed $1.03 billion, a 109% increase compared to the year before. This growth is on par with growing stablecoin activity.

Protocols like Aries Markets have more than $400 million in stablecoin deposits flowing into its lending markets, split almost evenly between USDT and USDC. Aries offers deposit rewards exceeding 8% annually, making it one of the most attractive destinations for stablecoin holders. Meanwhile, Echelon integrated sUSDe into its platform earlier this year, with more than $90 million supplied to its lending markets in a matter of weeks.

This interplay between stablecoin adoption and DeFi growth creates a positive feedback loop wherein more stablecoins drive greater liquidity, which strengthens DeFi protocols and in turn attracts more stablecoin users.

Aptos: Built for Stablecoins

Stablecoins require infrastructure that is fast, affordable, and scalable—and Aptos delivers on all three fronts. Transaction fees remain well under a cent, while the network’s technical design is built to handle up to 1 million TPS under heavy demand. This makes Aptos not only efficient for day-to-day users but also robust enough for large-scale institutions thanks in large part to its unique architecture and ability to host a diverse mix of stablecoins. 

The past year has shown that Aptos is for stables. From surpassing $1 billion in stablecoin market cap to hosting the trifecta of USDT, USDC and USDe, Aptos has cemented itself as a stablecoin powerhouse, not only within DeFi but also in the broader evolution of digital finance.

The writing on the wall is clear. There are no rails as fast, cheap and safe as Aptos: the Chain of Choice for Stablecoins.