Key Notes

The payment giant plans to enter the $4.30 trillion monthly stablecoin market dominated by Tether and Circle with its 2026 launch.

A Digital Asset Network will enable crypto-to-cash conversions at Western Union retail locations worldwide for wallet users.

CEO McGranahan credits favorable US regulations like the GENIUS Act as catalysts for the strategy amid declining revenues.

Western Union announced on Oct. 28 plans to launch a US Dollar Payment Token stablecoin built on the Solana SOL $197.4 24h volatility: 1.5% Market cap: $108.49 B Vol. 24h: $6.89 B blockchain. The company expects USDPT to become available in the first half of 2026.

The stablecoin will be issued by Anchorage Digital Bank, a federally regulated institution, according to a p

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