Western Union has selected Solana for its Digital Asset Network and USDPT stablecoin, which it expects to be rolled out in the first half of 2026.
Financial services company Western Union has said its forthcoming stablecoin settlement system will use the Solana blockchain.
Announced during the company’s third-quarter earnings call last week, the stablecoin system will consist of the US Dollar Payment Token (USDPT) and the Digital Asset Network, which will be built in partnership with Anchorage Digital Bank, Western Union said on Tuesday.
The company expects that USDPT will launch in the first half of 2026, providing customer access through partner exchanges to broaden accessibility, similar to how the PayPal USD (PYUSD) stablecoin is listed on Binance and other exchanges.
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