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Western Union Launches USDPT Stablecoin on Solana to Free Remittance Capital

1 reports1 sources11/5/2026 updated

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Western Union has launched USDPT, a stablecoin issued by Anchorage Digital Bank and running on the Solana network. The stablecoin is designed to release capital tied up in cross-border remittance reserves and lower operating costs. It is scheduled to launch in May 2026. Western Union executive Malcolm Clark said during an interview at Merge Madrid that the company also plans to roll out stablecoin-powered cash exchange services through Rain and Visa across 160 markets. These services would allow cash exchange using the stablecoin in the covered markets.

Written with AI from the reporting · updated 11/5/2026

Latest developmentNov 5, 19:13
Western Union Reveals the Real Business Behind Its USDPT Stablecoin
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  1. 1Unclassified fact stationNov 5, 19:38single sourcereport-time onlyrevised

    Western Union 披露 USDPT 稳定币的资本占用与结算逻辑

    Read original source ↗ BeInCryptoReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject：
    Western Union
    Action：
    推出并解释
    Object：
    USDPT 稳定币
    Occurred (fact side)：
    not recorded
    BeInCrypto ↗Report pageRevision 2 · currently revised
    Published (valid side)：
    Nov 5, 19:13
    First seen (known side)：
    Nov 5, 19:38
    Fact stationSingle source · one-sided claimRevisedReport-time only

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Nov 5
  1. BeInCryptoRelated fact: single sourceFact occurrence time unverifiedSource report revised
    Western Union Reveals the Real Business Behind Its USDPT Stablecoin

    Report first recorded Nov 5, 19:38

    Western Union says its USDPT stablecoin, issued by Anchorage Digital Bank on Solana and launched in May 2026, is meant to free up idle capital parked in correspondent banking layers and cut remittance costs. The firm also plans crypto-to-fiat cash-out services across 160 markets through Rain and Visa.

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