Aave’s GHO Stablecoin Supply Hits $500M

Aave’s decentralized stablecoin GHO reached over $500 million in market capitalization, hitting a new milestone in adoption. According to data from CoinGecko, circulating supply has stayed above half a billion as of early February, and has grown more than 245% since the start of 2025.

Data from analytics firm Token Terminal shows that GHO’s holder count also grew over the past year, now standing near the 23,000 mark, up roughly 300% since January 2025.

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