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Western Union Targets Solana Stablecoin Launch Next Month as SWIFT Alternative

2026-04-27 20:40:53

Abstract generation in progress

Western Union said its U.S. dollar stablecoin USDPT is expected to launch next month as an alternative to SWIFT-based settlement. CEO Devin McGranahan said USDPT will run on Solana and be issued with Anchorage Digital. McGranahan said Western Union also plans a Digital Asset Network for wallet cash-outs, with a partner pipeline spanning tens of millions of crypto wallets.

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