Western Union is launching a stablecoin called USDPT on the Solana blockchain, using Anchorage Digital Bank for issuance. The goal is to merge fast settlement with real-world cash access by providing a Digital Asset Network. The network aims to solve the “last mile” problem in transferring money and offers users the ability to convert USDPT into local fiat currency at physical locations. Western Union chose Solana for its high throughput and low latency, aiming for a full launch by mid-2026. This move demonstrates enterprise confidence in Solana’s capabilities.

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