Stablecoin issuer Tether is expanding its blockchain portfolio by bringing the USDT stablecoin to the Aptos ecosystem.
Tether Inc., the largest stablecoin issuer by market capitalization, announced on August 19 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 Aptosβ βrobust developer communityβ as a key factor in the decision, noting the networkβs βsteady increase in deployed contracts, indicative of active and ongoing development.β Following the news, Aptos (APT) price soared by nearly 3% to $6.
Besides development activity, Tether says the decision to add support for Aptos was driven by the networkβs βextremely low gas fees,β making it economically viable for a broader range of use cases, from microtransactions to large-scale enterprise operations.
βThe 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.β
Aptos Labs chief executive Mo Shaikh commented on the collaboration, stating that the network is set to process βmassive volumes and rapidly grow its user base.β
βAs a member of the Aptos community, Iβm looking forward to seeing builders across Aptosβ hefty ecosystem combine strengths with Tether and leverage Move on Aptos to push the boundaries of what blockchain technology can achieve for users globally.β
This latest integration continues Tetherβs expansion across numerous blockchain networks, including Ethereum, TRON, and Solana. Despite its broad reach, the majority of Tetherβs supply is concentrated on two networks only: TRON and Ethereum, holding $60.8 billion and $52.9 billion in liquidity, respectively.
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. This decision aims to balance maintainability, usage, and community interest.
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