USDPT Stablecoin
Western Union plans to launch a dollar-backed stablecoin called USDPT on the Solana blockchain in 2026 to improve global remittance processes. The initiative aims to provide faster and more cost-effective transaction options for users. By introducing USDPT, Western Union hopes to leverage blockchain technology to enhance the efficiency of its services. This development aligns with the growing trend of digital currencies in the remittance market, which seeks to simplify cross-border payments.
