New partnership targets Tron’s dominance in the stablecoin market
Layer-1 blockchain Aptos has partnered with the Trump family’s World Liberty Financial (WLFI) to integrate the USD1 stablecoin, a move designed to challenge Tron’s grip on the stablecoin ecosystem.
Speaking at TOKEN 2049 in Singapore, Aptos CEO Avery Ching explained that WLFI had been exploring blockchain partners for its upcoming DeFi products. “They view us as some of the best tech partners they could work with,” Ching said, noting that the first step is deploying a stablecoin where the yield goes back to the people.
The USD1 stablecoin will launch on the Aptos network on October 6 with immediate ecosystem-wide support. Liquidity pools and incentives will roll out across leading Aptos DeFi protocols, including Echelon, Hyperion, Thala, and Tapp. Wallets and exchanges such as Petra, Backpack, OKX, Bitget Wallet, and Gate Wallet will also integrate USD1 at launch.
Ching highlighted Aptos’ advantages, saying it is “incredibly cheap,” with fees below one-hundredth of a cent, and “way faster than any blockchain out there,” processing transactions in under half a second.
Competing with Ethereum and Tron
The partnership positions Aptos directly against Ethereum and Tron, which currently dominate stablecoin issuance. Tether launched on Aptos earlier this year and already manages $1.3 billion in USDT on the network. In comparison, Tron hosts $78.6 billion, while Ethereum leads with $94.8 billion.
Currently, USD1 has a market cap of $2.68 billion, most of it on the BNB Chain, according to DefiLlama. Aptos, with only 0.35% of the stablecoin market share, sees the WLFI partnership as a chance to accelerate adoption.
Expanding the Aptos Ecosystem
Ching also announced upcoming products designed to expand Aptos’ role in DeFi. “Decibel,” a decentralized exchange optimized for stablecoins and perpetuals, will enter testnet in October with a mainnet launch planned before year-end. In addition, “Shelby,” a decentralized storage system developed with Jump Crypto, is scheduled for release in 2026 to support social media apps and AI training data.
Backed by leading venture firms, Aptos is positioning itself as a low-cost, high-speed alternative for stablecoin deployment. With WLFI’s USD1 launch, the network is set to take a more aggressive stance in the multi-billion-dollar stablecoin market.
Disclaimer
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