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Bybit integrates USDPT via Western Union for faster crypto-to-fiat transactions in Latin America.

Market News
04 Jun 2026
Blockonomi
View Source
Bullish
pluang ai news

Bybit has integrated the USDPT stablecoin, backed 1:1 by the US dollar and operating on the Solana blockchain, through Western Union’s global payment network. This integration enables users in selected Latin American markets to buy and redeem USDPT quickly via Bybit’s fiat channels, reducing cross-border settlement times from days to minutes. The partnership leverages Western Union’s payout infrastructure to facilitate faster, lower-cost remittances and supports continuous processing beyond traditional banking hours. This move aims to enhance crypto adoption and improve real-world payment efficiency in regions with high remittance demand.

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