Western Union has gone live with $USDPT, a Solana-based stablecoin, marking the payments giant's first direct foray into on-chain settlement infrastructure. Details on the token's backing, issuance mechanics, and supported corridors remain limited at this stage.
The move signals that legacy remittance players are no longer just watching the stablecoin space from the sidelines. Solana's speed and low transaction costs make it a practical rail for high-volume, low-margin payment flows — exactly the kind of business Western Union has built over 170 years.
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JUST IN: Western Union Solana-based stablecoin $USDPT goes lives. https://t.co/GIIBMokWqM
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