Western Union is revolutionizing international money transfers by unveiling a new Solana-based stablecoin and digital asset network. Scheduled to launch in the first half of 2026, this initiative aims to improve access to global remittance services. Leveraging Solana’s speed and scalability for quick transactions, Western Union will issue USDPT (U.S. Dollar Payment Token) backed by Anchorage Digital Bank. This innovative approach combines blockchain technology with their existing cash network for seamless transfers, providing users with the ability to send, receive, spend, and hold USDPT while maintaining regulatory compliance. The initiative aims to leverage approximately 100 million existing Western Union customers worldwide.