Deep Tide TechFlow News: On May 29, according to Forbes, Western Union will launch a stablecoin, USDPT, on the Solana blockchain in May 2026. It will be issued by Anchorage Digital Bank and supported by the launch of a digital-asset network to connect crypto wallets and exchanges. The analysis points out that this move is, in essence, Western Union’s proactive disruption of its core profit logic: its traditional revenue is highly dependent on the exchange-rate spread in cross-border remittances, and the stablecoin’s second-by-second settlement will leave no room for that spread to persist.

At the same time, Western Union still has to shoulder the fixed costs of a large offline agent network, while crypto-native remittance companies have had no such burden from the start. The company’s Q1 financial report already shows pressure, with net profit down year over year by half to $65 million.