Western Union Ties Stablecoin to Solana Blockchain

Western Union's USDPT stablecoin has launched on Solana's public blockchain. Issued by Anchorage Digital Bank, the regulated dollar token supports near-instant and low-cost transfers. With plans to reach over 150 countries, this move places a traditional money-transfer network's stablecoin directly on Solana for consumer payments.

The launch of USDPT on Solana ties a regulated, bank-issued dollar token to the blockchain's throughput and fee profile, which is well-suited for high-volume remittance flows. This development extends Solana's stablecoin adoption narrative into institutional payments infrastructure.