Tether brings USDT stablecoin to Aptos blockchain

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

Tether Inc., the largest stablecoin issuer by market capitalization, revealed in an Aug. 19 announcement that its U.S. dollar-pegged stablecoin (USDT) will soon be available on Aptos, a layer-1 solution developed by former Facebook employees.

While the exact launch date was not disclosed, Tether highlighted Aptos’ “robust developer community” as a key factor in the decision, noting the network’s “steady increase in deployed contracts, indicative of active and ongoing development.” Following the news, Aptos (APT) price soared by nearly 3% to $6, per data from crypto.news.

Besides development activity, Tether says the decision to add support for Aptos was driven by the network’s “extremely low gas fees,” saying 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 features to enhance the utility and accessibility of USDT, making it more appealing to users across various economic backgrounds.”

Tether

Aptos Labs chief executive Mo Shaikh, commenting on the collaboration, said that the network is set to process “massive volumes and rapidly grow its user base.”

“As a member of the Aptos community, I’m looking forward to seeing builders across Aptos’ hefty ecosystem combine strengths with Tether and leverage Move on Aptos to push the boundaries of what blockchain technology can achieve for users globally.”

Mo Shaikh

This latest integration continues Tether’s expansion across numerous blockchain networks, including Ethereum, TRON, and Solana, among others. Despite its broad reach, the majority of Tether’s supply is concentrated on two networks only: TRON and Ethereum, holding $60.8 billion and $52.9 billion in liquidity, respectively, per data from Tether.

However, as competition intensifies, Tether is also scaling back support for certain networks. In mid-June, the company announced it would cease supporting multiple stablecoins on platforms like Omni, Kusama, SLP, EOS, and Algorand, starting from September 2025, citing a focus on balancing maintainability, usage, and community interest.