Aptos CEO Avery Ching revealed the collaboration at the TOKEN 2049 conference in Singapore this week. According to Ching, the two companies have been discussing the partnership for some time. “They view us as some of the best tech partners they could work with,” he stated.

Why WLFI Chose Aptos

World Liberty Financial selected Aptos for specific technical advantages. The blockchain processes transactions in under half a second with fees less than one-hundredth of a cent. These features make it attractive for stablecoin transactions where speed and cost matter.

WLFI is developing products for retail banking and other financial services. Ching explained that the first step involves creating a stablecoin where users receive the yield. The partnership aims to challenge Ethereum and Tron, which currently dominate stablecoin deployment.

Source: Aptos

Aptos currently holds just 0.35% of the stablecoin market share, according to RWA.xyz data. However, the network already supports major stablecoins including Tether (USDT), USDC, Ethena USD (USDE), and PayPal USD (PYUSD). The platform processes more than $60 billion in monthly transaction volume.

USD1’s Current Market Position

USD1 has reached a $2.68 billion market capitalization since launching in March 2025. The stablecoin is primarily deployed on BNB Chain, which hosts approximately 79.3% of the total supply. Ethereum holds 12.16% of USD1 tokens, while Solana hosts 6.53%. Tron accounts for 2% of the distribution.

The stablecoin maintains a 1:1 peg with the U.S. dollar and is backed by short-term U.S. government treasuries and cash equivalents. BitGo Trust Company, a regulated entity based in South Dakota, manages the reserves and legal issuance.

USD1 offers zero-fee minting and redemption, which sets it apart from competitors. Users can convert between U.S. dollars and USD1 tokens without transaction costs, reducing friction in digital asset markets.

Day-One Ecosystem Support

The October 6 launch will include immediate support across the Aptos ecosystem. Leading DeFi protocols Echelon, Hyperion, Thala, and Tapp will activate liquidity pools and incentives. Multiple wallets and exchanges are preparing integrations, including Petra, Backpack, OKX, OneKey, Bitget Wallet, Nightly, and Gate Wallet.

This coordinated rollout differs from typical token launches that build support gradually. The comprehensive day-one backing demonstrates WLFI’s strategy to establish USD1 as a functional stablecoin with immediate utility.

Aptos is also launching new infrastructure to support stablecoin activity. The network announced “Decibel,” a decentralized exchange optimized for stablecoins, perpetual contracts, and spot trading. The testnet launches in October with mainnet expected before year-end.

WLFI’s Broader Vision

World Liberty Financial is expanding beyond stablecoin issuance. CEO Zach Witkoff announced plans for a debit card that links crypto balances to everyday spending. The card will integrate with Apple Pay for seamless crypto-to-fiat transactions.

The company is also exploring tokenization of real-world assets including real estate, oil, and gas. This approach aims to bridge traditional financial markets with blockchain infrastructure.

The Trump family maintains significant involvement in World Liberty Financial. Donald Trump serves as “Chief Crypto Advocate,” while his sons Eric, Donald Jr., and Barron Trump hold various leadership positions. The company’s WLFI governance token launched in September 2025 with a market value exceeding $7 billion, placing it among the top 25 cryptocurrencies.

USD1 has already secured major institutional deals. The stablecoin was selected to complete Binance’s $2 billion investment deal with MGX, an Abu Dhabi investment firm.

The Competitive Landscape

Aptos faces steep competition in the stablecoin market. Tether currently has $78.6 billion on Tron and $94.8 billion on Ethereum, according to Tether’s transparency reports. In comparison, Aptos hosts $1.3 billion in USDT.

Ethereum holds 59% of total stablecoin market share, which increases to 69% when including layer-2 and EVM-compatible networks. For Aptos to gain meaningful market share, it must convince users and institutions that its technical advantages justify switching from established networks.

Avery Ching previously led Meta’s Diem cryptocurrency project before co-founding Aptos. The blockchain has attracted backing from major venture capital firms including Andreessen Horowitz, Apollo, Franklin Templeton, and Circle Ventures. Ching assumed the CEO role in December 2024 after co-founder Mo Shaikh stepped down.

The Aptos Foundation recently opened an office in Abu Dhabi to expand its presence in the Middle East, a region showing strong interest in blockchain and Web3 technologies.

Racing Toward Launch Day

With the October 6 launch approaching, both Aptos and World Liberty Financial are positioning this integration as a turning point. For Aptos, hosting a high-profile stablecoin with Trump family backing could drive significant adoption. For WLFI, accessing a fast and inexpensive blockchain expands USD1’s multi-chain strategy.

Market observers will watch transaction volumes, liquidity depth, and user adoption in the weeks following launch to gauge whether this partnership delivers meaningful results or becomes another fragmented deployment in an increasingly crowded stablecoin landscape.

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Filed under: Bitcoin - @ October 1, 2025 10:24 pm