Western Union Embraces Solana for Stablecoin Network

Financial services giant Western Union has chosen the Solana blockchain for its new stablecoin settlement system, signaling a major step towards integrating crypto into its traditional payment operations. The company announced this shift during its third-quarter earnings call last week and detailed plans to launch USDPT (US Dollar Payment Token) in early 2026, providing customers access through partner exchanges. This expansion will build on Western Union’s existing remittance platform, connecting over 150 million users across 200 countries.