The Aptos ecosystem has experienced a heretofore unseen growth spurt, with a number of platforms and projects racking up some impressive achievements. This week’s recap notes the not-so-quiet progress made by stablecoins, lending and re-borrowing platforms, NFTs, and decentralized exchanges (DEXs), among others, over on the Aptos network. Aptos stablecoins have reached nearly a total supply of $800 million, with USDT accounting for an eyebrow-raising 79% of the totals. USDC comes in, in what appears to be second place, at 12.94%. At this point, it seems a fair question to ask just what is going on with stablecoins on Aptos.
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