Western Union Launches Stablecoin Payments Service

Western Union has launched a new payments service that allows customers to send funds using USDPT™ stablecoins, issued by Anchorage Digital Bank on the Solana blockchain. This initiative is designed to reduce the time and cost of international remittances, enabling recipients to collect stablecoins through a Western Union wallet or at agent locations globally. The service is part of Western Union's strategy to modernize cross-border money movement and complements its existing digital offerings.