Western Union Launches Stablecoin on Solana by 2026

Financial services giant Western Union is set to revolutionize digital payments with the launch of a new stablecoin on the Solana blockchain. The USDPT (U.S. Dollar Payment Token), backed by the U.S. dollar, will be issued by Anchorage Digital Bank, the only federally regulated crypto bank, and is slated for deployment in 2026. This move signifies Western Union’s commitment to embracing modern payment infrastructure powered by digital assets. Anchorage plays a critical role in supporting this initiative with their institutional-level expertise, ensuring compliance and safety. The launch of USDPT is expected to significantly impact Solana’s network activity through increased transaction volumes and enhanced liquidity.