Aave and Aptos, Pioneering the Future of Decentralized Finance

Aave and Aptos, Pioneering the Future of Decentralized Finance

Jan 09 Tech Standard

Aave V3 Ventures Beyond EVM: Expanding to the Aptos Blockchain

Aptos is the first blockchain that Aave V3 is extending beyond the EVM ecosystem. The team reports that the protocol is on its way to the Aptos testnet, with a possible mainnet release imminent. Stani KULECHOV, the founder of Aave, stressed the launch's critical role in addressing the issue of segregated liquidity and promoting the protocol's worldwide acceptance.

Aptos and Move: A New Frontier for Aave in Blockchain Innovation

Aptos leverages Move and its corresponding virtual machine to run smart contracts rather than the well-known Solidity EVM language. In terms of blockchain modularity and transaction parallelization, it advocates an entirely different strategy. One of the most popular cryptocurrency trends for 2025 is said to be alternative virtual machines. In the EVM ecosystem, Aave has introduced 13 blockchains prior to branching out to Aptos. In addition to processing hundreds of millions of dollars each month, it handles $33 billion in net deposits.

Aptos Ecosystem Expands with USDT Support on MoveGPT IDO Launchpad

Tether (USDT), the biggest stablecoin, is being listed on the IDO launchpad by the Aptos (APT) ecosystem in addition to the Aave V3 rollout. Aptos' premier early-stage token fundraising platform, MoveGPT, now facilitates USDT transactions. Approximately $450 million in equivalent are coined on Aptos out of the $137 billion USDT issued. This indicates that 0.3% of the USDT supply that is liquid is due to the blockchain.

HarshitKulhan

Crafting cinematic stories through the lens of my phone, I am a blogger and content writer who expresses the essence of my blogs through words

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