I’ve been monitoring stablecoins on Aptos with charts showing $USDC and $USDT activity on five major lending protocols:
AriesMarkets: $457M+ TS
EchelonMarket: $93M+ TS
Meso_Finance: $46M+ TS
Over $1.4B TVL, $603M+ supplied, and $435M+ borrowed — the ecosystem demonstrates firm DeFi lending fundamentals with native stablecoins.
Let’s unpack the data