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28/10/25 14:56 UTC-04

Western Union to launch USDPT stablecoin on Solana blockchain in 2026

Western Union (WU) has announced plans to launch the U.S. Dollar Payment Token (USDPT) and a Digital Asset Network in the first half of 2026. The USDPT stablecoin will be built on the Solana blockchain and issued by Anchorage Digital Bank.

The Denver-based money transfer company said the stablecoin will expand payment capabilities for customers, agents, and partners while also supporting treasury operations.
Users will gain access to USDPT through partner exchanges and will be able to send, receive, spend, and store the digital token.

“As we continue to evolve in the digital assets space, Western Union’s USDPT will allow us to participate directly in the stablecoin economy,” said Devin McGranahan, President and CEO of Western Union.

The Digital Asset Network will collaborate with wallet providers to enable cash-out options for digital assets using Western Union’s global network.
According to the company, this addresses the “last mile of the crypto journey”, providing seamless access to cash conversion services.

Western Union chose Solana for its blockchain infrastructure and Anchorage Digital Bank as the stablecoin issuer.
Anchorage Digital Bank is a federally regulated institution that provides digital asset custody solutions.

The company said the USDPT is designed to facilitate cross-border digital payments with lower costs while maintaining compliance and security standards.
Western Union operates in over 200 countries and territories and supports more than 130 currencies.

The announcement was made through a company press release detailing Western Union’s entry into the digital asset space via blockchain-based payment solutions.

See also: "Western Union Launches Pilot Project for Stablecoin Transfers"

#Western Union #Stablecoins

Editor: Pereyidenko Ihor
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