todayonchain.com

Western Union begins USDPT stablecoin rollout on Solana

Cointelegraph
Western Union has launched its USDPT stablecoin on the Solana blockchain, starting in Bolivia and the Philippines with plans for further global expansion.

Summary

Western Union has officially entered the blockchain payments space by launching its US dollar-denominated USDPT stablecoin on the Solana network. Issued by Anchorage Digital and supported by Fireblocks infrastructure, the asset is currently available in Bolivia and the Philippines, with a broader rollout to over 40 countries planned for 2026. This initiative highlights a strategic shift among major financial institutions toward regulated digital assets, aimed at modernizing global remittance services and capturing untapped markets in regions like the Americas.

(Source:Cointelegraph)