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Western Union Launches USDPT Stablecoin on Solana for Cross-Border Settlement

2026-05-06 00:28:37

Abstract generation in progress

Western Union launched its US dollar stablecoin USDPT on Solana on May 4 for cross-border settlement across more than 200 countries. Anchorage Digital Bank N.A. issues USDPT, which Western Union said is fully backed by US dollars. Western Union plans to start in the Philippines and Bolivia, and the company said the token will support treasury management and near-instant settlements with its agent network.

SOL3.22%

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