Trump Family-Backed USD1 Stablecoin to Launch on Aptos Network
Donald Trump Jr. and WLFI CEO Zach Witkoff unveiled plans for World Liberty Financial's USD1 stablecoin, set to debut on the Aptos blockchain on October 6. The announcement signals a strategic push into mainstream crypto adoption, with parallel developments including a crypto-linked debit card for everyday spending.
WLFI's ambitions extend beyond payments. The firm is actively exploring real-world asset tokenization—targeting real estate, oil, and gas sectors—to bridge traditional finance with blockchain infrastructure. This dual approach combines immediate utility through the stablecoin with longer-term institutional-grade asset digitization.