Tether brings USDT stablecoin to Aptos blockchain

Stablecoin issuer Tether is expanding its blockchain portfolio, bringing its USDT stablecoin to the Aptos ecosystem.

Tether Inc., the largest stablecoin issuer by market cap, announced on August 19 that its stablecoin pegged to the US dollar (USDT) will soon be available on Aptos, a layer-1 solution developed by former Facebook employees.

While no exact launch date was announced, Tether highlighted Aptos’ “strong developer community” as a key factor in the decision, noting the network’s “steady increase in deployed contracts, which is indicative of active and ongoing development.” Following the news, the Aptos (APT) price rose by nearly 3% to $6, according to data from crypto.news.

Tether says its decision to add Aptos support, along with its development activities, was driven by the network’s “extremely low gas fees” and that the network is “economically viable for a broader range of use cases, from microtransactions to large-scale enterprise operations.”

“The strategic collaboration between Tether and Aptos leverages these transformative properties to increase the usability and accessibility of USDT, making it more attractive to users from diverse economic backgrounds.”

Connecting

Commenting on the collaboration, Aptos Labs CEO Mo Shaikh said the network is ready to “process very large volumes and grow its user base rapidly.”

“As a member of the Aptos community, I can’t wait to see developers across the larger Aptos ecosystem join forces with Tether and use Move on Aptos to push the boundaries of what blockchain technology can achieve for users around the world.”

Mo Sheikh

This latest integration continues Tether’s expansion across multiple blockchain networks, including Ethereum, TRON, and Solana. Despite its broad scope, the majority of Tether’s supply is concentrated in just two networks: TRON and Ethereum, which have liquidity of $60.8 billion and $52.9 billion, respectively, according to data from Tether.

But as competition intensifies, Tether has also been reducing support for specific networks. In mid-June, the company announced that it would stop supporting multiple stablecoins across platforms like Omni, Kusama, SLP, EOS, and Algorand starting in September 2025, focusing on the balance between sustainability, usage, and community interest.