Western Union has introduced USDPT, a U.S. dollar-backed stablecoin built on the Solana blockchain, aimed at enabling near-instant, 24/7 settlements across its global agent network. Issued by federally regulated Anchorage Digital Bank N.A., USDPT will initially roll out in the Philippines and Bolivia before expanding to more regions via licensed exchanges. The stablecoin supports treasury management and agent settlements in over 200 countries, improving liquidity management and reducing idle balances. Western Union plans to extend USDPT for consumer use by 2026, integrating it into a broader digital asset network for global payments and settlements.
S&P Dow Jones Indices and Pantera Capital have introduced the S&P Pantera Digital Asset Index, an 18-token benchmark designed for institutional investors. Unlike traditional crypto indexes that rely heavily on market capitalization or Bitcoin dominan...
A recent $250 million USDC liquidity injection into the Solana network marks a significant boost in dollar-backed stablecoin resources. This follows earlier large mints of $1 billion and $3.25 billion USDC on Solana, reinforcing a trend of growing li...
Solana's price has risen to $78 after buyers defended support near $74, but it needs to close above $80 to confirm a breakout. The recovery follows a 5% gain from a recent low, despite lingering caution due to a $20 million governance attack on the B...
Russia's State Duma has passed a law recognizing major cryptocurrencies like Bitcoin, Ethereum, and XRP as legal property, allowing their use in commercial and cross-border transactions. Retail investors face an annual purchase cap of 300,000 rubles ...
In June 2026, tokenized stocks on the Solana blockchain reached new highs in trading volume, crossing $10 billion cumulatively and marking a single-day peak of $683 million. This surge reflects growing real-world asset activity and user engagement on...
