Remittance giant Western Union teams up with Crossmint to expand USDPT stablecoin access on Solana
Western Union partnered with Crossmint to integrate USDPT stablecoin access onto the Solana blockchain.Summary
Global payments leader Western Union has partnered with blockchain infrastructure provider Crossmint to support the rollout of its U.S. Dollar Payment Token (USDPT), a dollar-pegged stablecoin built on Solana. The token is slated for a first-half 2026 debut, aiming to streamline international money transfers, and will be issued by Anchorage Digital Bank. The collaboration involves Crossmint integrating with Western Union’s new Digital Asset Network, enabling fintech applications to use Crossmint’s APIs to settle transactions on Solana and convert holdings into local currency via Western Union’s extensive payout network across over 200 countries. This move highlights the trend of legacy financial firms adopting blockchain technology and leverages Solana's high-throughput network for scalable payment solutions.
(Source：Crypto Briefing)