WesternUnion
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JUST IN:
Western Union CEO says moving to digital assets is "the next evolution."
#XRP #BTC #ETH
#WesternUnion
$JELLYJELLY $ALT $DASH
Western Union CEO says moving to digital assets is "the next evolution."
#XRP #BTC #ETH
#WesternUnion
$JELLYJELLY $ALT $DASH
Western Union Files Trademark Days After Stablecoin Reveal
Western Union Holdings submitted a trademark application for "" with the U.S. Patent and Trademark Office (USPTO) on Wednesday. The filing covers an extensive range of crypto services, including digital wallets, trading platforms, and payment processing solutions. The agency has accepted the application, though an examiner has not yet been assigned to review it.
#WesternUnion #crypto #stablecoin #SOL
Western Union Holdings submitted a trademark application for "" with the U.S. Patent and Trademark Office (USPTO) on Wednesday. The filing covers an extensive range of crypto services, including digital wallets, trading platforms, and payment processing solutions. The agency has accepted the application, though an examiner has not yet been assigned to review it.
#WesternUnion #crypto #stablecoin #SOL
Western Union Files WUUSD Trademark Days After Stablecoin Reveal
Western Union Holdings submitted a trademark application for "WUUSD" with the U.S. Patent and Trademark Office (USPTO) on Wednesday.
The filing covers an extensive range of crypto services, including digital wallets, trading platforms, and payment processing solutions. The agency has accepted the application, though an examiner has not yet been assigned to review it.
#WesternUnion #crypto #stablecoin #SOL
#stablecoins $BTC
$ETH
$XRP
Western Union Holdings submitted a trademark application for "WUUSD" with the U.S. Patent and Trademark Office (USPTO) on Wednesday.
The filing covers an extensive range of crypto services, including digital wallets, trading platforms, and payment processing solutions. The agency has accepted the application, though an examiner has not yet been assigned to review it.
#WesternUnion #crypto #stablecoin #SOL
#stablecoins $BTC
$ETH
$XRP
Western Union to launch Solana-based stablecoin USDPT in 2026
Western Union is reportedly preparing to jump into the stablecoin race with a Solana-based dollar-backed token.
Denver-headquartered American multinational financial services corporation Western Union is on track to introduce a Solana-based stablecoin, The Wall Street Journal reports.
The product, dubbed the "U.S. Dollar Payment Token" (USDPT), is set to be launched next year. Western Union, which boasts a total of 100 million customers in more than 200 countries, aims to make transactions more efficient.
#WesternUnion $SOL
Western Union is reportedly preparing to jump into the stablecoin race with a Solana-based dollar-backed token.
Denver-headquartered American multinational financial services corporation Western Union is on track to introduce a Solana-based stablecoin, The Wall Street Journal reports.
The product, dubbed the "U.S. Dollar Payment Token" (USDPT), is set to be launched next year. Western Union, which boasts a total of 100 million customers in more than 200 countries, aims to make transactions more efficient.
#WesternUnion $SOL
🚀 Breaking News!
Western Union has officially launched its USD stablecoin, soon to be available on the Solana network! This means that global fund flows will be faster, safer, and more convenient.
💎 CLS Mining is the first to integrate with the Solana ecosystem, allowing users to directly participate in mining rewards through the stablecoin, making global mining rewards faster and more stable💰
#Solana #Stablecoin #CLSMining #WesternUnion #CryptoMining #DeFi
$JELLYJELLY $DASH $ALT
Western Union has officially launched its USD stablecoin, soon to be available on the Solana network! This means that global fund flows will be faster, safer, and more convenient.
💎 CLS Mining is the first to integrate with the Solana ecosystem, allowing users to directly participate in mining rewards through the stablecoin, making global mining rewards faster and more stable💰
#Solana #Stablecoin #CLSMining #WesternUnion #CryptoMining #DeFi
$JELLYJELLY $DASH $ALT
JUST IN:
Western Union’s CEO says the shift toward digital assets is “the next evolution” in global payments. 🌍💱
#WesternUnion #XRP #BTC #ETH $jellyjelly $ALT $DASH
Western Union’s CEO says the shift toward digital assets is “the next evolution” in global payments. 🌍💱
#WesternUnion #XRP #BTC #ETH $jellyjelly $ALT $DASH
🚨 Breaking: Western Union Unveils Stablecoin on Solana – A Lifeline for Global Families in 2026
Imagine a parent in the U.S. sending money home to their family in Latin America without the usual high fees or endless waits—Western Union is making that real with USD-backed stablecoin launching on Solana $SOL in early 2026. Issued by regulated Anchorage Digital Bank, it'll tie into a Digital Asset Network for seamless crypto-to-cash conversions at over 600,000 locations worldwide, helping the 100 million customers who rely on remittances every day. CEO Devin McGranahan reflects on the human side: "We're evolving to empower communities, owning stablecoin economics so everyday people can access faster, fairer finance." With Solana's quick, low-cost transactions and regs like the GENIUS Act smoothing the way, this could cut costs by up to 50% for border-crossing families. It's a heartfelt bridge between old-world trust and digital speed, reminding us tech serves the stories behind the money.
#WesternUnion #Solana #Stablecoins
Imagine a parent in the U.S. sending money home to their family in Latin America without the usual high fees or endless waits—Western Union is making that real with USD-backed stablecoin launching on Solana $SOL in early 2026. Issued by regulated Anchorage Digital Bank, it'll tie into a Digital Asset Network for seamless crypto-to-cash conversions at over 600,000 locations worldwide, helping the 100 million customers who rely on remittances every day. CEO Devin McGranahan reflects on the human side: "We're evolving to empower communities, owning stablecoin economics so everyday people can access faster, fairer finance." With Solana's quick, low-cost transactions and regs like the GENIUS Act smoothing the way, this could cut costs by up to 50% for border-crossing families. It's a heartfelt bridge between old-world trust and digital speed, reminding us tech serves the stories behind the money.
#WesternUnion #Solana #Stablecoins
Major XRP Stakeholder Threatens to Dump His Holdings After Western Union Chooses Solana
The XRP community was shaken after prominent supporter @crypto_bitlord7 blasted Ripple’s leadership following Western Union’s decision to build its USD-backed stablecoin (USDPT) on the Solana blockchain
For many, this move hits close to home — Ripple has spent over a decade positioning XRP as the bridge asset for cross-border payments. Western Union, which once tested Ripple’s technology, now partnering with Solana, sparked outrage and questions about Ripple’s competitive edge.
But here’s the twist 👇
In a follow-up post, Crypto Bitlord clarified:
> “Solana paid Western Union $50M for a 6-month deal. After that, it’s over.”
That perspective shifts the narrative — this might not be a long-term loss for Ripple.
Meanwhile, Ripple’s own institutional expansion continues to accelerate:
Acquired Hidden Road (Ripple Prime) — a prime brokerage clearing ~$3T annually
💰 Bought GTreasury — managing trillions in yearly payment volumes
Acquired Rail — responsible for ~10% of global stablecoin payments
These moves show Ripple isn’t chasing headlines — it’s building financial infrastructure at scale.
While Solana may enjoy short-term buzz from Western Union’s partnership, Ripple appears focused on owning the institutional layer of digital finance — connecting liquidity, treasury, and settlement into one cohesive ecosystem
💡 Bottom Line:
Solana may have won this round of attention, but Ripple’s long-term strategy could make XRP one of the most deeply integrated assets in the next phase of digital payments.
#XRP #Ripple #Solana #WesternUnion #CryptoNews
$XRP
$SOL
The XRP community was shaken after prominent supporter @crypto_bitlord7 blasted Ripple’s leadership following Western Union’s decision to build its USD-backed stablecoin (USDPT) on the Solana blockchain
For many, this move hits close to home — Ripple has spent over a decade positioning XRP as the bridge asset for cross-border payments. Western Union, which once tested Ripple’s technology, now partnering with Solana, sparked outrage and questions about Ripple’s competitive edge.
But here’s the twist 👇
In a follow-up post, Crypto Bitlord clarified:
> “Solana paid Western Union $50M for a 6-month deal. After that, it’s over.”
That perspective shifts the narrative — this might not be a long-term loss for Ripple.
Meanwhile, Ripple’s own institutional expansion continues to accelerate:
Acquired Hidden Road (Ripple Prime) — a prime brokerage clearing ~$3T annually
💰 Bought GTreasury — managing trillions in yearly payment volumes
Acquired Rail — responsible for ~10% of global stablecoin payments
These moves show Ripple isn’t chasing headlines — it’s building financial infrastructure at scale.
While Solana may enjoy short-term buzz from Western Union’s partnership, Ripple appears focused on owning the institutional layer of digital finance — connecting liquidity, treasury, and settlement into one cohesive ecosystem
💡 Bottom Line:
Solana may have won this round of attention, but Ripple’s long-term strategy could make XRP one of the most deeply integrated assets in the next phase of digital payments.
#XRP #Ripple #Solana #WesternUnion #CryptoNews
$XRP
$SOL
XRP vs Solana: Western Union’s New Partnership Sparks Debate in Crypto Community
Western Union’s announcement to build its digital asset network and USD-backed stablecoin, USDPT, on Solana’s blockchain has stirred strong reactions from XRP supporters. $XRP advocate Crypto Bitlord criticized Ripple’s leadership for allowing Solana to capture a partnership many felt should have belonged to Ripple. This move challenges Ripple’s long-standing position as a leader in cross-border payments.
Despite this, Ripple’s recent strategic acquisitions paint a bigger picture. With Hidden Road (Ripple Prime), GTreasury, and Rail under its belt, Ripple is expanding into deep institutional finance, handling trillions in payments annually. Crypto Bitlord highlighted that Solana’s deal with Western Union is reportedly a $50 million, six-month arrangement — a short-term play compared to Ripple’s multi-trillion dollar ecosystem.
For XRP holders, this signals Ripple’s commitment to building a comprehensive and enduring digital finance infrastructure, even as competitors like Solana secure high-profile partnerships. The future of digital payments is unfolding — with Ripple positioned for the next phase of growth.
#XRP #Solana #Ripple #WesternUnion #DigitalPayments
Western Union’s announcement to build its digital asset network and USD-backed stablecoin, USDPT, on Solana’s blockchain has stirred strong reactions from XRP supporters. $XRP advocate Crypto Bitlord criticized Ripple’s leadership for allowing Solana to capture a partnership many felt should have belonged to Ripple. This move challenges Ripple’s long-standing position as a leader in cross-border payments.
Despite this, Ripple’s recent strategic acquisitions paint a bigger picture. With Hidden Road (Ripple Prime), GTreasury, and Rail under its belt, Ripple is expanding into deep institutional finance, handling trillions in payments annually. Crypto Bitlord highlighted that Solana’s deal with Western Union is reportedly a $50 million, six-month arrangement — a short-term play compared to Ripple’s multi-trillion dollar ecosystem.
For XRP holders, this signals Ripple’s commitment to building a comprehensive and enduring digital finance infrastructure, even as competitors like Solana secure high-profile partnerships. The future of digital payments is unfolding — with Ripple positioned for the next phase of growth.
#XRP #Solana #Ripple #WesternUnion #DigitalPayments
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🏦 Citi & Western Union Lead the Corporate Stablecoin Race
Wall Street is moving on-chain — and the race to dominate stablecoin payments just accelerated.
🔹 Citi x Coinbase:
Citi is partnering with Coinbase to launch onchain stablecoin payment solutions, aiming to make crypto-fiat transfers faster and programmable.
The bank projects the stablecoin market could reach $4T by 2030.
🔹 Western Union x Solana:
Western Union is building its USD Payment Token (USDPT) and a Digital Asset Network on Solana, enabling instant, low-cost remittances worldwide.
🔹 Meanwhile in Bitcoin:
Mid-tier miners like Cipher Mining, Bitdeer, and HIVE Digital are catching up to industry giants post-halving — expanding into AI & high-performance computing.
💰 And in lending, Ledn just crossed $1B in BTC-backed loans for 2025, showing holders prefer borrowing over selling.
The message is clear — corporates are going crypto, and crypto is going mainstream.
#Stablecoins #Citi #WesternUnion #Solana #CryptoAdoption
🔸 Like & follow for daily Binance-style crypto market insights.
Wall Street is moving on-chain — and the race to dominate stablecoin payments just accelerated.
🔹 Citi x Coinbase:
Citi is partnering with Coinbase to launch onchain stablecoin payment solutions, aiming to make crypto-fiat transfers faster and programmable.
The bank projects the stablecoin market could reach $4T by 2030.
🔹 Western Union x Solana:
Western Union is building its USD Payment Token (USDPT) and a Digital Asset Network on Solana, enabling instant, low-cost remittances worldwide.
🔹 Meanwhile in Bitcoin:
Mid-tier miners like Cipher Mining, Bitdeer, and HIVE Digital are catching up to industry giants post-halving — expanding into AI & high-performance computing.
💰 And in lending, Ledn just crossed $1B in BTC-backed loans for 2025, showing holders prefer borrowing over selling.
The message is clear — corporates are going crypto, and crypto is going mainstream.
#Stablecoins #Citi #WesternUnion #Solana #CryptoAdoption
🔸 Like & follow for daily Binance-style crypto market insights.
Western Union chuẩn bị bước vào thế giới stablecoin:
Western Union — gã khổng lồ trong lĩnh vực chuyển tiền quốc tế với hơn 170 năm lịch sử — đang chính thức tiến sâu vào thế giới tiền điện tử. Mới đây, công ty đã nộp hồ sơ đăng ký thương hiệu “WUUSD” lên Văn phòng Sáng chế và Thương hiệu Hoa Kỳ (USPTO). Hồ sơ bao gồm các danh mục dịch vụ liên quan đến ví lưu trữ crypto, giao dịch tài sản số, và xử lý thanh toán bằng stablecoin, đánh dấu bước đi đầu tiên trong chiến lược chuyển đổi sang kỷ nguyên tài chính số.
Theo thông tin công bố, #WesternUnion dự kiến ra mắt stablecoin riêng trên blockchain Solana vào nửa đầu năm 2026. Đồng stablecoin này sẽ mang tên US Dollar Payment Token (USDPT) và được thiết kế để phục vụ nhu cầu chuyển tiền xuyên biên giới nhanh chóng, chi phí thấp, và minh bạch hơn.
Đây không chỉ là một thử nghiệm công nghệ. Western Union đang xây dựng một Mạng lưới Tài sản Kỹ thuật số (Digital Asset Network) – nền tảng hạ tầng cho phép người dùng chuyển đổi dễ dàng giữa tiền pháp định và crypto ngay trong hệ sinh thái của mình. Dự án này được phát triển hợp tác cùng Anchorage Digital Bank, một trong những ngân hàng lưu ký tài sản số được cấp phép tại Mỹ.
Nếu kế hoạch này thành công, Western Union có thể trở thành một trong những công ty tài chính truyền thống đầu tiên cung cấp dịch vụ thanh toán crypto cho hàng trăm triệu khách hàng trên toàn cầu. Sự tích hợp stablecoin “#WUUSD ” sẽ giúp người dùng chuyển tiền quốc tế gần như tức thì, bỏ qua các trung gian ngân hàng và giảm đáng kể chi phí.
Lựa chọn blockchain Solana cũng là một bước đi thông minh. Solana nổi tiếng với tốc độ xử lý giao dịch nhanh, chi phí thấp, và khả năng mở rộng cao — những yếu tố phù hợp cho các ứng dụng thanh toán quy mô lớn. Điều này cho thấy Western Union đang tiếp cận crypto không chỉ như một xu hướng, mà như một công cụ để tái định nghĩa trải nghiệm người dùng trong lĩnh vực chuyển tiền toàn cầu.
Bước đi của Western Union được cộng đồng crypto đánh giá là dấu hiệu tích cực cho sự hợp nhất giữa tài chính truyền thống (TradFi) và blockchain. Khi một thương hiệu toàn cầu như Western Union tham gia, nó gửi đi thông điệp mạnh mẽ rằng crypto đang dần trở thành hạ tầng tài chính hợp pháp và bền vững.
Về mặt dài hạn, sự xuất hiện của WUUSD có thể tạo ra hiệu ứng lan tỏa: mở ra một làn sóng stablecoin do các tổ chức tài chính truyền thống phát hành. Điều này giúp cải thiện khả năng tiếp cận của người dùng phổ thông, đồng thời mở rộng cầu nối giữa crypto và nền kinh tế thực.
Đối với thị trường tiền điện tử, đây là một bước tiến mang tính biểu tượng. Trong khi nhiều ngân hàng và tổ chức tài chính còn thận trọng với blockchain, Western Union lại chọn cách chủ động hòa nhập, tận dụng công nghệ này để nâng cấp mô hình kinh doanh.
Sự kết hợp giữa thương hiệu uy tín, mạng lưới toàn cầu, và sức mạnh công nghệ của Solana có thể khiến WUUSD trở thành công cụ thanh toán phổ biến mới trong tương lai gần — không chỉ giúp người dùng giao dịch nhanh hơn, mà còn góp phần đưa crypto tiến gần hơn đến ứng dụng thực tế hàng ngày.
Solana (#SOL ) se mantiene fuerte en $183.53 USD, respaldado por influjos récord en ETFs como BSOL, que atrajo $417M en su primera semana. La adopción institucional y el interés de #WesternUnion por lanzar una stablecoin en su red refuerzan su potencial. Técnicamente, se sostiene sobre la media móvil de 200 días, con proyecciones que apuntan a $240 o incluso $300 si los compradores impulsan el mercado. Sin embargo, una caída bajo los $180 podría activar retrocesos, y la falta de nuevos capitales —más allá de rotaciones— podría limitar el alza.
$BTC $ETH
$BTC $ETH
🚨 SOLANA FLASH ALERT: BIG DROP AMID FED FEARS, BUT INSTITUTIONAL RAILS GO LIVE! 📉🔥
Solana ($SOL ) Price Update:
$SOL is trading around $180–$184 after a significant 24-hour drop of ~5–7%, currently reacting to macro-economic uncertainty.
Current Price: \approx \$180 USD
24h Change: \approx -6.5\%
Market Cap: \approx \$99 Billion USD
24h Volume: \approx \$8+ Billion USD
Key Catalysts & Macro Headwinds:The Takeaway:
While short-term price action is dampened by Powell's remarks, the structural adoption narrative for Solana is accelerating rapidly with major ETFs and global financial infrastructure choosing the chain. Watch for support around the $178 area.
#Solana #AltcoinETFsLaunch #WesternUnion #USDPT #MarketPullback $SOL
$SOLV
Solana ($SOL ) Price Update:
$SOL is trading around $180–$184 after a significant 24-hour drop of ~5–7%, currently reacting to macro-economic uncertainty.
Current Price: \approx \$180 USD
24h Change: \approx -6.5\%
Market Cap: \approx \$99 Billion USD
24h Volume: \approx \$8+ Billion USD
Key Catalysts & Macro Headwinds:The Takeaway:
While short-term price action is dampened by Powell's remarks, the structural adoption narrative for Solana is accelerating rapidly with major ETFs and global financial infrastructure choosing the chain. Watch for support around the $178 area.
#Solana #AltcoinETFsLaunch #WesternUnion #USDPT #MarketPullback $SOL
$SOLV
#WesternUnion mới đây đã công bố lựa chọn #Solana làm nền tảng xây dựng hệ thống stablecoin tuân thủ quy định, chính thức chuyển hướng khỏi các thử nghiệm trước đó với công nghệ $XRP của Ripple.
Sáng kiến này bao gồm đồng stablecoin US Dollar Payment Token (USDPT) và Digital Asset Network, dự kiến sẽ ra mắt trong nửa đầu năm 2026
Corporate stablecoin race heats up
#Citi eyes stablecoin payments through new partnership with Coinbase _ Citi partnered with Coinbase to pilot stablecoin payments as the bank forecasts a $4 trillion market by 2030, signaling Wall Street’s growing crypto embrace.
#WesternUnion picks Solana for its stablecoin and crypto network _ Western Union has selected Solana for its Digital Asset Network and USDPT stablecoin, which it expects to be rolled out in the first half of 2026.
Mid-tier Bitcoin #miners gain ground, reshaping post-halving competition _ Smaller Bitcoin miners surge in hashrate and debt as competition intensifies post-halving, reshaping the industry’s balance of power.
Ledn tops $1B in Bitcoin-backed loan originations as crypto #lending surges _ Ledn has facilitated $2.8 billion in cumulative crypto-backed loans as holders leverage market gains amid the bull market.
Source: #Cointelegraph _ Crypto Biz
"Do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
$USDC $SOL $BTC
#Citi eyes stablecoin payments through new partnership with Coinbase _ Citi partnered with Coinbase to pilot stablecoin payments as the bank forecasts a $4 trillion market by 2030, signaling Wall Street’s growing crypto embrace.
#WesternUnion picks Solana for its stablecoin and crypto network _ Western Union has selected Solana for its Digital Asset Network and USDPT stablecoin, which it expects to be rolled out in the first half of 2026.
Mid-tier Bitcoin #miners gain ground, reshaping post-halving competition _ Smaller Bitcoin miners surge in hashrate and debt as competition intensifies post-halving, reshaping the industry’s balance of power.
Ledn tops $1B in Bitcoin-backed loan originations as crypto #lending surges _ Ledn has facilitated $2.8 billion in cumulative crypto-backed loans as holders leverage market gains amid the bull market.
Source: #Cointelegraph _ Crypto Biz
"Do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
$USDC $SOL $BTC
🔥 বড় খবর ক্রিপ্টো দুনিয়ায়! 🌍
এবার Western Union যুক্ত হচ্ছে Solana Blockchain এর সাথে!
তারা তাদের পেমেন্ট সিস্টেমে ব্যবহার করবে USDPT (U.S. Dollar Payment Token) — যা একটি Stablecoin 🇺🇸💰
এর ফলে টাকা পাঠানো হবে আরও দ্রুত, কম খরচে এবং নিরাপদে ⚡
এই ডিজিটাল ট্রান্সফার সিস্টেম পরিচালনা করবে Anchorage Digital Bank 🏦
👉 Solana আবারও দেখালো কেন এটি ভবিষ্যতের আর্থিক ব্যবস্থার জন্য সেরা প্ল্যাটফর্ম! 🚀
#Solana #WesternUnion #Stablecoin #CryptoNews #Blockchain #Web3
💥 Western Union Goes Crypto? “WUUSD” Trademark Sparks Buzz
Western Union just filed a trademark for “WUUSD”, hinting at new stablecoin and crypto services from wallets to payment processing and even lending 👀
This comes days after it announced its USDPT stablecoin, set to launch on Solana in early 2026, alongside a Digital Asset Network with Anchorage Digital.
Two trademarks — WUUSD & USDPT
raise one question: dual token model or rebrand in progress? 🧩
💬 Comment | 🔁 Share | ❤️ Like | 👤 Follow
#WesternUnion #WUUSD #Stablecoin #Solana #CryptoNews
$BTC
$ETH
$USDT
Western Union just filed a trademark for “WUUSD”, hinting at new stablecoin and crypto services from wallets to payment processing and even lending 👀
This comes days after it announced its USDPT stablecoin, set to launch on Solana in early 2026, alongside a Digital Asset Network with Anchorage Digital.
Two trademarks — WUUSD & USDPT
raise one question: dual token model or rebrand in progress? 🧩
💬 Comment | 🔁 Share | ❤️ Like | 👤 Follow
#WesternUnion #WUUSD #Stablecoin #Solana #CryptoNews
$BTC
$ETH
$USDT
WESTERN UNION WILL LAUNCH ITS OWN STABLECOIN ON SOLANA:
This development on Solana will allow Western Union to reduce operational costs.
The financial services company Western Union plans to launch its own stablecoin linked to the US dollar, according to a report from the Wall Street Journal.
The new digital asset, called U.S. Dollar Payment Token (USDPT), will be issued on the Solana network in partnership with Anchorage Digital Bank, an entity with federal banking status in the United States.
$SOL
The launch is scheduled for the first half of 2026. With this initiative, Western Union aims to offer its more than 100 million customers an alternative for making international transfers that mitigates the risks associated with fluctuations in local currencies.
According to the company, the use of this stablecoin on Solana could allow for a reduction in costs and faster settlement of transactions. Devin McGranahan, president and CEO of Western Union, noted that the foray into digital assets and stablecoins represents "the next chapter" in the company's history of connecting people through technology.
The choice of Solana as the infrastructure for this project aligns with the growing adoption of this network for applications that require high performance and low transaction costs.
The adoption of stablecoins by major players in the global financial system will pave the way for end users to follow suit. Especially in an era where migrations become a boost for family economies.
#WesternUnion #FOMCMeeting #WriteToEarnUpgrade
This development on Solana will allow Western Union to reduce operational costs.
The financial services company Western Union plans to launch its own stablecoin linked to the US dollar, according to a report from the Wall Street Journal.
The new digital asset, called U.S. Dollar Payment Token (USDPT), will be issued on the Solana network in partnership with Anchorage Digital Bank, an entity with federal banking status in the United States.
$SOL
The launch is scheduled for the first half of 2026. With this initiative, Western Union aims to offer its more than 100 million customers an alternative for making international transfers that mitigates the risks associated with fluctuations in local currencies.
According to the company, the use of this stablecoin on Solana could allow for a reduction in costs and faster settlement of transactions. Devin McGranahan, president and CEO of Western Union, noted that the foray into digital assets and stablecoins represents "the next chapter" in the company's history of connecting people through technology.
The choice of Solana as the infrastructure for this project aligns with the growing adoption of this network for applications that require high performance and low transaction costs.
The adoption of stablecoins by major players in the global financial system will pave the way for end users to follow suit. Especially in an era where migrations become a boost for family economies.
#WesternUnion #FOMCMeeting #WriteToEarnUpgrade
Western Union is launching its first stablecoin,
the U.S. Dollar Payment Token (USDPT), on the Solana blockchain in the first half of 2026. The company is partnering with Anchorage Digital Bank to issue the dollar-backed token and will use its global network to bridge digital assets and cash access for customers. This initiative is meant to modernize cross-border payments by reducing costs and increasing transaction speed.
Key details of the launch include:
Purpose: USDPT is designed to make international money transfers faster, cheaper, and more accessible for Western Union's millions of customers. By using blockchain technology, the company can avoid the slower, more expensive settlement times of traditional banking networks.
Digital Asset Network: In parallel with the stablecoin, Western Union is creating a Digital Asset Network. This network will work with crypto wallet providers to offer "cash off-ramps," allowing users to convert their crypto holdings into fiat currency at Western Union's retail locations worldwide.
Solana's Role: Western Union selected the Solana blockchain for its high transaction speed and low fees, which are ideal for high-volume remittance payments.
Regulatory Clarity: The launch follows new regulatory clarity provided by the U.S. GENIUS Act, which established a federal framework for stablecoins. This has encouraged Western Union to accelerate its move into the digital asset space.
Competition: Western Union is joining other major financial players in adopting stablecoins, including PayPal, MoneyGram, and Visa, all of which are exploring or have launched similar technologies.
For Western Union, this venture is a significant step to innovate its core business by leveraging stablecoins to streamline its operations and potentially improve its financial performance.
AI responses may include mistakes. For financial advice, consult a professional. Learn more
#WesternUnion
#USDPT
#sol
#stablecoin
#FinTech
the U.S. Dollar Payment Token (USDPT), on the Solana blockchain in the first half of 2026. The company is partnering with Anchorage Digital Bank to issue the dollar-backed token and will use its global network to bridge digital assets and cash access for customers. This initiative is meant to modernize cross-border payments by reducing costs and increasing transaction speed.
Key details of the launch include:
Purpose: USDPT is designed to make international money transfers faster, cheaper, and more accessible for Western Union's millions of customers. By using blockchain technology, the company can avoid the slower, more expensive settlement times of traditional banking networks.
Digital Asset Network: In parallel with the stablecoin, Western Union is creating a Digital Asset Network. This network will work with crypto wallet providers to offer "cash off-ramps," allowing users to convert their crypto holdings into fiat currency at Western Union's retail locations worldwide.
Solana's Role: Western Union selected the Solana blockchain for its high transaction speed and low fees, which are ideal for high-volume remittance payments.
Regulatory Clarity: The launch follows new regulatory clarity provided by the U.S. GENIUS Act, which established a federal framework for stablecoins. This has encouraged Western Union to accelerate its move into the digital asset space.
Competition: Western Union is joining other major financial players in adopting stablecoins, including PayPal, MoneyGram, and Visa, all of which are exploring or have launched similar technologies.
For Western Union, this venture is a significant step to innovate its core business by leveraging stablecoins to streamline its operations and potentially improve its financial performance.
AI responses may include mistakes. For financial advice, consult a professional. Learn more
#WesternUnion
#USDPT
#sol
#stablecoin
#FinTech
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