Trump-Backed WLFI Brings USD1 Stablecoin to Aptos Blockchain

Blockchain

Trump-Backed WLFI Brings USD1 Stablecoin to Aptos Blockchain

World Liberty Financial (WLFI), a DeFi initiative tied to the Trump family, has chosen Aptos as the home for its USD1 stablecoin.

The token is scheduled to debut on October 6, a move that could bring new momentum to the fast-rising layer-1 network.

The rollout will arrive with wide ecosystem backing. Liquidity incentives are already planned across Aptos-native protocols such as Thala, Tapp, Hyperion, and Echelon. Major wallets and exchanges — including Backpack, Petra, OKX, and Gate Wallet — are also set to integrate USD1 at launch.

Why Aptos Was Picked

Avery Ching, Aptos co-founder and CEO, said at TOKEN2049 in Singapore that WLFI had been evaluating potential partners for some time. According to Ching, Aptos’ selling point was its ability to finalize transactions in under half a second at a cost of less than a hundredth of a cent. WLFI, he added, wanted a platform that could scale products beyond retail payments into banking and other sectors, while ensuring yield from USD1 circulates back to users.

Stablecoin Competition Heats Up

The deal signals Aptos’ intent to push into territory dominated by Ethereum and Tron. Tether’s USDT, which launched on Aptos earlier this year, already has $1.3 billion circulating on the network, though that figure pales in comparison to $78.6 billion on Tron and nearly $95 billion on Ethereum.

USD1, valued at roughly $2.68 billion in market cap, has so far lived mostly on BNB Chain. Its arrival on Aptos could help the network grow its meager 0.35% slice of the stablecoin market, according to data from RWA.xyz.

Beyond USD1: New Infrastructure in the Works

Ching also lifted the curtain on upcoming products designed to fortify Aptos’ position in decentralized finance. One is Decibel, a high-performance decentralized exchange geared toward stablecoins and perpetuals, expected to go live before year-end. Another is Shelby, a decentralized storage system co-developed with Jump Crypto, planned for a 2026 release to support real-time social apps and AI training data.

With backing from Andreessen Horowitz, Circle Ventures, Franklin Templeton, and other major investors, Aptos is positioning itself as more than just another blockchain. The WLFI partnership underscores its ambition: to challenge incumbents by pairing ultra-fast infrastructure with high-profile launches that capture global attention.

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Source: https://coindoo.com/trump-backed-wlfi-brings-usd1-stablecoin-to-aptos-blockchain/