Western Union Launches Stablecard With USDPT Support, Available in 37 Markets

USDPT-0.01%
V-0.19%
SOL-0.46%
According to Western Union, on Wednesday, the company launched Stablecard, a Visa-branded digital wallet enabling users to hold, transfer and spend USDPT, a US dollar-backed stablecoin issued by Anchorage Digital Bank on the Solana blockchain. The product is available in 37 markets, with Western Union targeting expansion to more than 60 markets by year-end. Users can receive Western Union remittances directly into their USDPT wallet, transfer funds to compatible crypto exchanges and spend balances anywhere Visa is accepted, including Apple Pay and Google Pay.
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