Foreign media: USDT on Aptos chain surpasses $1.1 billion, APT remains near its low

According to foreign media, the supply of USDT on the Aptos chain has risen above $1.1 billion, with Tether accounting for about 79% of the stablecoin value on this network. However, this growth has not led to a significant rebound in the native token APT, as the market focus remains on insufficient token demand.

USDT Supply Continues to Expand

The report notes that after USDT on Aptos surpassed $1 billion earlier this year, it continued to grow with an increase of about 18.6% in the past 30 days. Aptos continues to attract stablecoin activity due to its low transaction fees and relatively fast confirmation speed, which maintain its appeal in payment and on-chain transfer scenarios.

From an on-chain structure perspective, USDT has become the core asset of the Aptos stablecoin ecosystem. The expansion of stablecoin supply usually indicates more funds are locked and increased network usage, and it is regarded as an important indicator of public chain activity.

APT Price Does Not Strengthen Accordingly

However, the token price has not reflected this kind of growth. The report points out that APT has fallen from around $5.50 in October 2025 all the way down, reaching a low near $0.53 by August 2026. Even as the network continues to develop and update its ecosystem, the price response remains limited.

The article believes the issue is not entirely with the network itself, but that market buying interest for APT remains weak. Although on-chain activity on Aptos is still ongoing, and APT is burned with each transaction, these factors have not yet translated into sustained token demand.

Market Watches for Recovery in Buying Interest

The report also mentions that APT is currently consolidating at low levels. If buying interest remains insufficient, the price could fall further below the $0.53 level. In other words, there is still a clear disconnect between on-chain usage growth and the recovery in token price.

However, the article also points out that this does not mean the Aptos ecosystem is stagnating. On the contrary, the expansion of stablecoin supply, lower transaction costs, and ongoing network development continue to provide a foundation for future recovery. The market is more concerned about when these fundamental improvements can once again drive demand for APT to increase.