Western Union Sets Solana-Based USDPT Launch for Next Month

Western Union said in its Q1 earnings call that it will launch USDPT, a Solana-based stablecoin issued by Anchorage Digital Bank, next month. Western Union designed USDPT for settlement inside its global agent network rather than as a consumer-facing product. Western Union also plans to launch a USD stablecoin card in dozens of markets later this year.

SOL-2.59%
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