Stablecoin News: Western Union Tapping Solana (SOL) and Anchorage for Digital Dollar
Western Union plans to launch a U.S. dollar-pegged stablecoin, USDPT, on the Solana network with Anchorage Digital in the first half of 2026.Summary
Western Union (WU) is set to launch a U.S. Dollar Payment Token (USDPT) for its 100 million-user payment network in the first half of 2026, leveraging blockchain technology for global transfers. The token will be issued by Anchorage Digital, a federally regulated digital asset bank, and will operate on the Solana blockchain, chosen for its low-cost and fast settlement capabilities. Western Union CEO Devin McGranahan stated this partnership is a significant step toward faster, more efficient, and inclusive payments. This move aligns with the growing trend of traditional finance firms integrating stablecoins—which offer cheaper, faster alternatives to traditional payment rails—into their operations, following similar steps taken by competitors like MoneyGram and PayPal.
(Source：CoinDesk)