Overview
- World Liberty Financial confirmed USD1 will go live on Aptos on Oct. 6 with day-one integrations across DeFi protocols including Echelon, Hyperion, Thala, Panora, and Tapp, plus wallet and exchange support from Petra, Backpack, OKX, Gate.io, Bitget, OneKey, and Nightly.
- CEO Zach Witkoff said a debit card pilot is slated for next quarter with a public launch targeted for Q4 2025 or Q1 2026, and he outlined active work to tokenize real estate, oil and gas, and other commodities.
- USD1 maintains a stated 1:1 dollar peg backed by short-term U.S. Treasuries and cash equivalents, with reserves and issuance handled by BitGo Trust Company.
- Since March 2025, USD1 has grown to roughly $2.7 billion in market capitalization with most supply on BNB Chain, and Aptos becomes the fifth network to natively mint the stablecoin.
- Responding to political and conflict-of-interest questions, Donald Trump Jr. said the company is not a political organization and rejected claims that investors seek favoritism.