TL;DR
- Western Union will launch the USDPT stablecoin on Solana alongside its Digital Asset Network, integrating crypto payments into the global fiat system.
- The stablecoin will be issued through Anchorage Digital Bank and will allow users to send, receive, spend, and store USDPT using the company’s network.
- USDPT is expected to launch in the first half of 2026.
Western Union has announced the launch of USDPT, its new U.S. dollar–backed stablecoin, along with a Digital Asset Network designed to integrate with the fiat economy.
The initiative was built on Solana and will be issued by Anchorage Digital Bank, aiming to deliver real-world utility, expand the ways money can move, and strengthen the company’s treasury capabilities. The platform will allow users to send, receive, spend, and hold USDPT easily, leveraging Western Union’s international infrastructure.
Western Union: Overcoming the Limits of Cash
USDPT and the Digital Asset Network aim to overcome the current limitations of cash accessibility, especially in markets where traditional financial services remain limited. By integrating Solana’s high-performance, low-latency blockchain and Anchorage Digital’s regulated custody framework, Western Union will ensure that its stablecoin operates securely and in line with the highest institutional standards.
Western Union President and CEO Devin McGranahan emphasized that the company intends to leverage emerging technologies to empower both its customers and communities, noting that USDPT will allow Western Union to directly participate in the economy generated by stablecoins. The Digital Asset Network, meanwhile, will serve as a bridge enabling access to cash off-ramps and associated wallets, fully encompassing the tools users need to move digital assets seamlessly.
USDPT Coming Next Year
Western Union expects USDPT to become available in the first half of 2026, with users able to access the stablecoin through crypto exchanges, ensuring broad accessibility and ease of use. The goal is to enable secure, global money movement, reduce transaction costs, and enhance the efficiency of international transfers.
USDPT will play a key role in facilitating cross-border payments and could potentially transform the economies of emerging markets with limited financial infrastructure, contributing to broader financial inclusion. The company aims to establish a replicable model for integrating stablecoins into economies worldwide
