Western Union to Launch USDPT Stablecoin on Solana in 2026

Western Union is preparing to enter the stablecoin market through the introduction of its ￰0￱ Payment Token (USDPT), built on the Solana blockchain and issued by Anchorage Digital ￰1￱ company said the initiative will support its goal of merging traditional finance with digital assets, offering faster, lower-cost cross-border ￰2￱ project also includes a new Digital Asset Network that aims to simplify how users send, receive, and spend money ￰3￱ Global Money Movement with Solana According to Western Union , USDPT will serve as a bridge between fiat and crypto, supporting real-world payments and treasury ￰4￱ Solana network was chosen for its scalability and low transaction costs, enabling rapid transfers that align with the firm’s high-volume remittance ￰5￱ Digital Bank will oversee issuance and custody, ensuring security and compliance across ￰6￱ Union’s President and CEO Devin McGranahan stated that the project represents a strategic step in redefining financial accessibility.

“Our Digital Asset Network and USDPT will be an enabler in achieving our mission to make financial services accessible to people everywhere,” McGranahan ￰7￱ added that Western Union’s collaboration with Solana and Anchorage Digital strengthens its ability to offer compliant digital payments and cash off-ramps ￰8￱ a Bridge Between Digital and Traditional Finance The company plans to roll out USDPT in the first half of 2026, with tokens accessible through partner ￰9￱ launch will expand the company’s reach into the digital economy while preserving trust through regulatory ￰10￱ Union believes the new ecosystem can reshape global remittances by linking the ￰11￱ to local spending markets, promoting faster and more reliable transfers at reduced ￰12￱ improving customer access, Western Union aims to attract partners seeking a secure and interoperable digital payments ￰13￱ Digital Asset Network is expected to connect wallets, agents, and payment providers into a unified ￰14￱ integrating blockchain efficiency with Western Union’s compliance infrastructure, the company intends to position itself at the forefront of digital financial ￰15￱ Price Outlook: Analyst Targets $252) trades near $197.51 after a brief pullback of 1.69% in 24 ￰16￱ MartyParty noted that Solana’s one-hour chart shows bullish momentum after confirming a double-bottom reversal between $167 and $175.

The breakout above $190 signals potential continuation toward resistance at $210, with projected targets of $252 and $258.