Western Union has introduced USDPT, a U.S. dollar-backed stablecoin built on the Solana blockchain, issued by Anchorage Digital Bank. This stablecoin aims to enhance Western Union's global payments network by enabling regulated, near-instant settlement for partners, agents, and future consumer services. The company plans to support USDPT on licensed exchanges and launch a consumer spending service called Stable by Western Union in 2026 across 40+ countries. USDPT also targets treasury and agent settlement to improve liquidity management within Western Union's operations. The launch highlights Solana's role in regulated digital payments, with its price action closely watched by traders.
Solana saw a surge of 1.6 million new addresses in two weeks, signaling stronger network activity and ecosystem growth. This increased participation supports a positive market outlook as SOL maintains its short-term uptrend, holding key support level...
Solana's decentralized blockchain now ranks second worldwide in spot crypto trading volume, processing about $12.25 billion, trailing only Binance. Its decentralized exchanges surpassed Coinbase and Kraken combined, driven by low fees, high speed, an...
Circle minted $3.5 billion worth of USDC stablecoins on the Solana blockchain in one week, including a single $1 billion transaction on June 16. This surge pushes total USDC issuance on Solana past $64 billion for 2026, highlighting growing instituti...
Bitcoin and Ethereum prices rose by 1.20% and 1.32% respectively, boosting overall crypto market sentiment despite a decline in decentralized finance (DeFi) trading volume. Large-cap altcoins mostly gained, with Bitcoin dominance increasing to 58%, i...
Solana's 3-day SuperTrend indicator has issued its first buy signal since October 2025, suggesting a potential momentum shift after a significant price correction to around $60 in June. The network has expanded with 1.6 million new addresses in two w...
