USDT Has Officially Arrived on Aptos Mainnet

News
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so nice! aptos lfg~

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LFG!!Bullish News

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This is huge

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this is huge

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LFG!!! This is incredible news

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I raised this question a few months ago. I said that if Aptos had its own USDT or USDC stable coin that it would attract more investment in the Aptos ecosystem.
But when I raised the issue people responded by saying that Aptos has the Move Dollar and thus didn’t need a new one.
They also said that it would be difficult to launch a new stable coin on the platform too.
So I am VERY HAPPY about this news. This will certainly make Aptos more competitive against SUI that has been performing better than Aptos this past few months.

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This is awesome team Aptos.

Me an the team at PYOR can help the Aptos team build a dashboard to track the USDT flowing across all dApps on Aptos. This dashboard will provide insights into ecosystem engagement, liquidity needs, user behavior, and security across dApps on Aptos. Thus supporting data-driven decisions and enhancing transparency, developer support, and investor confidence in the Aptos ecosystem.

Let me know if this is a problem statement within the Aptos community.

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This is a big one

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Can anyone connect me to the right folks at Aptos who can help validate this problem statement?

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Kindly send an e-mail to community@aptosfoundation.org

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This is a good news

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best news :wink: :wink: :wink: :wink:

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So much progress on APTOS…keep up the the great A-Team :mechanical_arm:

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Now we have a lot USDT there.
Its realy time for native USDT

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Time to bring some of my stables to Aptos to maximize my staking rewards.
Hopefully USDT won’t suffer same Depeg as UST in the nearest future.

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Absolutely. Lfg

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I’m bullish , sendit!!

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This is just big news, this was really lacking on Aptos!

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Yes mate, It’s remain USDC

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Battle of Stablecoins on Aptos: (1/2)

Tether USDT was recently deployed on Aptos, achieving $1.34M in trading volume within just three weeks on Aptos DEXs. However, zUSDC remains the dominant force, accounting for over 75% of the trading volume.

Here’s a breakdown of total stablecoin trading volumes on Aptos DEXs:

:1st_place_medal: zUSDC: $3.7B
:2nd_place_medal: zUSDT: $850M
:3rd_place_medal: wUSDC: $705M
4⃣ wUSDT: $60M
5⃣ cUSDC: $42M
6⃣ cUSDT: $1.9M
7⃣ USDT: $1.4M

The Battle of Stablecoins on Aptos: A Timeline (2/2)

:one: Oct 17, 2022 – Mar 13, 2023:
Initially, wUSDC dominated DEX trades with over 70% of the trading volume. However, by the end of this period, zUSDC overtook as the leader, capturing 42% of the trading volume.

:two: Mar 13, 2023 – Jul 22, 2024:
LayerZero_Core’s stablecoins, zUSDC and zUSDT, rose to prominence, collectively accounting for more than 85% of the trading volume on Aptos.

:three: Jul 22, 2024 – Present:
zUSDC and zUSDT continue to dominate, maintaining over 85% of the trading volume on Aptos.

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