Western Union to launch Solana stablecoin and Visa Stable Card next month

Western Union readies USDPT, a U.S. dollar–pegged stablecoin on Solana, and a consumer “Stable Card” as early as next month. The rollout aims to extend stablecoin settlement to 360,000 cash pickup points across 200+ countries and territories.

USDPT is issued by Anchorage Digital Bank. That adds a federally chartered wrapper uncommon for private stablecoin issuers. Source

The token runs on Solana. Western Union cites low fees and high throughput for remittance use cases. Q1 call recap

Executives flagged an expected launch “next month” and positioned USDPT as an alternate cross‑border settlement rail to SWIFT. Tweet Tweet

Two layers ship together.
- Digital Asset Network: a B2B settlement layer integrating Crossmint’s wallet and payment APIs into Western Union’s payout infrastructure. Source
- Stable Card: a prepaid Visa card built with Rain. Users hold USDPT and convert to local currency at POS or ATM. Source

Scale matters here. Western Union’s network spans 360,000 cash‑out locations, 200+ countries and territories, and 130‑currency conversion support. Source Western Union

Headline: Western Union to launch USDPT on Solana and a Visa “Stable Card” next month, targeting 360k cash-out points worldwide