Western Union Launches USDPT Stablecoin on Solana for Global Money Transfers

Western Union is entering the world of blockchain technology by launching USDPT, a U.S. dollar-backed stablecoin designed for global money transfers. Built on the Solana blockchain with support from Anchorage Digital Bank, this move seeks to integrate crypto into Western Union’s established payment infrastructure. The new Digital Asset Network will enable users to send, receive, spend, and hold digital dollars through Western Union’s worldwide network.