
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.