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Trump family’s USD1 stablecoin to debut on Aptos, pumping APT 8%

Trump family’s USD1 stablecoin to debut on Aptos, pumping APT 8%

CryptoSlateCryptoSlate2025/10/01 02:55
By:Oluwapelumi Adejumo

World Liberty Financial (WLFI) has confirmed that its USD1 stablecoin will soon launch on the Aptos blockchain, marking the asset’s first integration with a Move-based network.

The announcement, released on Oct. 1, followed an agreement between Aptos and WLFI co-founders Donald Trump Jr. and Zach Witkoff.

Following the news, Aptos native APT token jumped 8% to $4.56 as of press time, according to CryptoSlate’s data.

USD1 expansion

According to Aptos, USD1 will officially go live on Oct. 6 with support across major ecosystem players.

The rollout ensures immediate integration with DeFi protocols like Echelon Market and Hyperion, alongside compatibility with wallets and exchanges such as Petra, Backpack, and OKX.

USD1 maintains a 1:1 redemption ratio with the US dollar and is designed for low-cost, high-speed transactions in decentralized markets. Its arrival on Aptos makes the blockchain the fifth network to natively mint the stablecoin, adding to its presence on BNB Chain, Ethereum, Solana, and Tron.

Data from DeFiLlama shows USD1’s market capitalization at roughly $2.68 billion.

The BNB Chain dominates issuance, accounting for more than $2.13 billion—or 79%—of the supply. Ethereum follows with $326.8 million, while Solana and Tron host $175 million and $53 million, respectively.

For Aptos, the integration comes at a critical moment. The network currently supports around $1 billion in stablecoin value, ranking ninth among blockchain protocols with strong stablecoin activity.

At the same time, USDC transfers on Aptos are surging, with Token Terminal reporting a 400% increase in transaction volume since Q1 2025. In Q3 alone, USDC transfers reached $25.8 billion, underscoring the demand for stablecoins on the network.

WLFI’s broader strategy

WLFI executives see the Aptos expansion as one step in a larger strategy to bolster the growth of the DeFi venture.

Speaking at Token2049 in Singapore, Zach Witkoff, WLFI’s CEO, reportedly confirmed WLFI’s broader plans extend beyond stablecoins.

According to him, the company is exploring tokenized assets and short-term bills, with USD1 positioned as the stable settlement layer for those products. He argued that tokenized instruments demand a stablecoin with transparency and credibility, and WLFI aims to fill that role.

This direction reflects WLFI’s increased efforts to accelerate its global footprint through innovative products. Witkoff said on X:

“We are building the foundation for cutting edge financial infrastructure built in the USA for the world.”

The post Trump family’s USD1 stablecoin to debut on Aptos, pumping APT 8% appeared first on CryptoSlate.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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