Western Union Set to Launch a Stablecoin on Solana in May 2026
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Western Union to launch USDPT, a US dollar‑backed stablecoin built on Solana and issued by federally regulated Anchorage Digital Bank; announced Apr 24 and expected live in May 2026. USDPT is positioned to replace SWIFT for agent settlements, operate through banking holidays, and boost crypto adoption and payments by connecting wallets to Western Union retail locations via its Digital Asset Network (token launch, stablecoin, Solana, crypto adoption).
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- Western Union USDPT stablecoin launches in May, built on Solana and issued by Anchorage Digital.
- USDPT replaces SWIFT for agent settlements and works through traditional banking holidays.
- Digital Asset Network connects crypto wallets to Western Union retail locations globally.
Western Union is weeks away from launching its first stablecoin. Speaking on the company’s first-quarter earnings call on April 24, CEO Devin McGranahan confirmed that USDPT, a US dollar-backed stablecoin built on Solana, is in its final stages of preparation and expected to go live in May.
“It is no longer a question of if Western Union will be active in digital assets,” McGranahan said. “It is now how fast we can scale.”
Details on USDPT at launch:
- Built on Solana and issued through federally regulated Anchorage Digital Bank
- US dollar-backed and designed for institutional-grade se…
Read The Full Article Western Union Set to Launch a Stablecoin on Solana in May 2026 On Coin Edition.
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