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Bitcoin:
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BTC Dominance:
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Market Cap:
$3.14 T

Surprise Altcoin Forms Partnership with Trump-Linked Project!

Stellar

Layer-1 blockchain Aptos announced a partnership with the Trump family–linked company World Liberty Financial (WLFI) to distribute USD1 stablecoins. The collaboration aims to expand stablecoin usage within the Aptos ecosystem and provide users with easy access to DeFi protocols.

Aptos CEO Avery Ching stated that they have been in discussions with WLFI for some time and view the company as “one of the best technology partners we could work with.” Ching also noted that WLFI is working on retail, banking, and other future-facing products, with the first step being the launch of a stablecoin whose yield is directly returned to the user.

Stablecoin Launch and Ecosystem Support

The new USD1 stablecoin will go live on the Aptos Network on October 6, 2025. The launch will be supported by leading DeFi protocols within the Aptos ecosystem, including Echelon, Hyperion, Thala, and Tapp. Additionally, wallet and exchange platforms such as Petra, Backpack, OKX, OneKey, Bitget Wallet, Nightly, and Gate Wallet will support the stablecoin launch.

Avery Ching highlighted the platform’s cost-efficiency and transaction speed as key reasons for choosing Aptos:

  • Transaction costs are less than 1%,
  • Transaction times are under 0.5 seconds,
  • The network is significantly faster and cheaper than many other blockchains in the current market.

Aptos’ Market Position

According to RWA.xyz, Aptos currently holds only about 0.35% of the stablecoin market. CEO Avery Ching noted that Aptos already supports stablecoins such as Tether (USDT), USDC (USDC), Ethena USD (USDE), and PayPal USD (PYUSD), with a monthly transaction volume exceeding $60 billion.

For comparison, the Ethereum ecosystem holds 59% of the total stablecoin market, and when including Layer-2 and EVM-compatible networks, this share rises to 69%.

Upcoming Products and Developments

Ching also highlighted upcoming projects on the platform:

  • Decibel: A high-performance decentralized exchange optimized for stablecoins, perpetual contracts, and spot trading. The testnet is scheduled to launch in October, with the mainnet expected before the end of the year.
  • Shelby: A “hot decentralized storage” system designed for real-time social media applications and educational data. Developed in partnership with Jump Crypto, the product is expected to launch in 2026.

Aptos’ Leadership and Backers

Before joining Aptos, Avery Ching served as the head of Meta’s Diem crypto project. Aptos is supported by leading venture capital firms, including FTX Ventures, Andreessen Horowitz, Apollo, Franklin Templeton, and Circle Ventures.

This partnership and the new stablecoin launch are part of Aptos’ strategy to expand its ecosystem, grow its user base, and strengthen its competitive position in the global DeFi market.

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