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Remittance giant Western Union to launch USDPT stablecoin on Solana

Crypto Briefing
Western Union plans to launch the USDPT stablecoin on Solana in 2026 to speed up international money transfers.

Summary

Remittance giant Western Union intends to launch a U.S. Dollar Payment Token (USDPT) stablecoin on the Solana blockchain, scheduled for the first half of 2026. This initiative aims to reduce costs and accelerate cross-border settlements for its vast customer base. The USDPT will be dollar-backed and issued by Anchorage Digital Bank, making it accessible through partner exchanges. CEO Devin McGranahan previously indicated the company's interest in integrating stablecoin capabilities to improve the speed and reliability of its global payment systems.

(Source:Crypto Briefing)