Western Union plans to launch its US dollar-backed stablecoin, USDPT, in May to enhance cross-border payments and settlements via its platform. Built on the Solana blockchain and issued by Anchorage Digital Bank, USDPT will integrate with Western Union's expanding digital asset network (DAN), allowing stablecoins and cryptocurrencies to move efficiently and convert into local currency at over 360,000 global collection points. This move marks Western Union's shift from debating crypto involvement to scaling its digital asset strategy, aiming to improve payment speed and accessibility worldwide. The company also plans to introduce a US dollar stable card later this year to facilitate everyday stablecoin use.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
A Wall Street asset manager has filed with the SEC to launch a Solana ETF that includes staking rewards, potentially broadening institutional access to crypto yield products. This ETF would differ from traditional spot ETFs by passing through staking...
Solana achieved a record $3.47 billion in tokenized equities volume for June 2026, capturing over 96% of the global on-chain tokenized equity market. This milestone highlights Solana's strong position and efficiency in blockchain technology, maintain...
SPX6900 surged over 12% in 24 hours driven by a 62% volume increase and strong buying from Solana whales, who raised holdings by 65%. Ethereum network activity also picked up, with transfers nearly quadrupling and transactions doubling, supporting th...
Trading volumes for major cryptocurrencies have declined since July 2024, reflecting weak demand and low market confidence. This trend is driven by macroeconomic pressures, Bitcoin ETF outflows, and bearish price action. Despite this, Solana (SOL) ha...
