Western Union to Launch USDPT Stablecoin on Solana
2025-10-28 17:27:22 UTC
Western Union will launch a dollar-backed stablecoin on Solana's network in 2026 to help customers with international payments.
Western Union said Tuesday that it release a stablecoin via the Solana blockchain in 2026.
The international payments company said in a joint announcement with the Solana Foundation that the new digital token will be called USDPT and issued by Anchorage Digital Bank.
"Western Union will provide users with access to digital assets, and we look forward to enabling the ability to send, receive, spend and hold USDPT through a seamless user experience supported by our global compliance and risk capacities," the announcement read.
This is a breaking news story and will be updated.
Source: decrypt.co
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