Aptos Expands Stablecoin Ecosystem With WLFI’s USD1 Launch

Aptos is making a significant push into the stablecoin market with the launch of USD1, developed in collaboration with Trump-linked project World Liberty Finance (WLFI). Speaking at TOKEN 2049 in Singapore, Aptos co-founder and CEO Avery Ching revealed that WLFI has chosen Aptos as a long-term partner, praising the blockchain’s low-cost and high-speed infrastructure. According to Ching, WLFI’s vision is to build financial products across retail and banking, beginning with a stablecoin where yield is returned to the people.

USD1 is set to launch on the Aptos Network on October 6 with broad ecosystem support. Leading DeFi protocols such as Echelon, Hyperion, Thala, and Tapp will provide liquidity pools and incentives, while wallets and exchanges including Petra, Backpack, OKX, OneKey, Bitget Wallet, Nightly, and Gate Wallet will integrate support immediately.

Ching emphasized Aptos’ competitive edge, noting that transactions cost less than a hundredth of a cent and settle in under half a second—making it one of the fastest blockchains available. This positions Aptos to challenge Ethereum and Tron, which currently dominate the stablecoin space. While Aptos holds about 0.35% of the stablecoin market share, it already hosts major assets such as Tether (USDT), USDC, Ethena USD (USDE), and PayPal USD (PYUSD), processing more than $60 billion in monthly transaction volume.

Tether’s USDT launched on Aptos earlier this year and has grown rapidly, now holding $1.3 billion on Aptos compared to $78.6 billion on Tron and $94.8 billion on Ethereum. USD1 itself has a current market cap of $2.68 billion, with most circulation on BNB Chain.

Looking ahead, Aptos is preparing to roll out new products including Decibel, a decentralized exchange optimized for stablecoins and perpetual trading, expected to go live by year’s end, and Shelby, a decentralized storage system developed with Jump Crypto, scheduled for launch in 2026. Backed by investors such as FTX Ventures, Andreessen Horowitz, Apollo, Franklin Templeton, and Circle Ventures, Aptos continues to expand its footprint in the digital finance ecosystem.