Stablecoin market cap up 86% in H1 2025, hitting $1.4B
The growth stemmed mainly from $USDT (which rose 81%+ to $1B) and $USDC (which skyrocketed 150% to $335M) after the deployment of their native contracts.
Aptos currently hosts the top three stablecoins by MC, USDT, USDC, and Ethena's USDe.
Users clearly lobby for sUSDe with ~$40M bridged.
More highlights:
BlackRock's $BUIDL got up and running and had a MC of $53.96 million to date.
Ondo launched USDY (a tokenized note secured by U.S. Treasuries) in July 2024.
In June, new overcollateralized stablecoins were launched, Auro Finance's USDA and Mirage protocol's mUSD.
Aptos spawned significant volumes in stablecoin transfers:
🔹$13.2 billion in April
🔹$30.4 billion in May
🔹$48.6 billion (or $5.7 billion adjusted according to Visa’s on-chain analytics) in June
Aptos was ranked sixth worldwide in June stablecoin transfer volume behind all major chains like Ethereum.
Aptos Cumulative Stablecoin Volume Surpasses $200 Billion
This milestone reflects nine months of consistent @Aptos growth, with $170B in USDT and over $32B in USDC in cumulative volume:
- The 1 top Move chain
- One of the fastest-growing blockchains in stablecoin supply and adoption
- A leading blockchain in stablecoin volume and active addresses
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