World Liberty Financial (WLFI) announced the launch of its USD1 stablecoin on the Aptos blockchain. The announcement was made by Donald Trump Jr. and WLFI CEO Zach Witkoff. The integration will be the first for USD1 within the Move ecosystem. The launch is scheduled for October 6.
According to the statement, the stablecoin will receive support from Aptos DeFi protocols from day one. These include EchelonMarket, Hyperion, Thala Labs, Panora Exchange and Tapp Exchange. The integration will also cover wallets and exchanges such as Petra Wallet, Backpack, OKX and OneKey.
WLFI also plans to expand the use of the asset through the release of a debit card, which will allow users to convert cryptocurrency assets into everyday spending. According to Witkoff, the company is considering tokenizing asset classes such as real estate, oil and gas.
Data on Aptos
Aptos originated from Meta’s Libra project and is developing with the support of major institutional players, including BlackRock and Franklin Templeton. The network’s ecosystem already includes more than $720 mln in tokenized real-world assets (RWA) and over $1 bln in stablecoins, including USDC, USDT, USDe and the recently launched PYUSD0.
Developers claim that transactions on Aptos are processed with sub-second latency and fees of about $0,00055. This makes the network suitable for fast and low-cost settlements.
The integration of USD1 into Aptos has become part of WLFI’s broader strategy to secure a foothold in the DeFi and tokenized assets segment. The new stablecoin is added to an ecosystem that already hosts significant liquidity, while low fees and high transaction speed, according to developers, make Aptos a convenient platform for large-scale financial applications.
Context Around WLFI
The launch of USD1 comes amid an active restructuring of WLFI’s strategy. Last week, the community voted to direct 100% of treasury fees toward the Buyback & Burn program, which is expected to support the token’s price.
Previously, the project faced criticism over the high volatility of the WLFI token and controversies related to the political involvement of the Trump family. Media outlets noted that some investors suffered losses, while the US Senate launched reviews regarding crypto initiatives tied to the president and his circle.
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