USDPT Stablecoin by Western Union: status and timeline

Milestones

Next · Expansion to 60+ markets by year-end

USDPT stablecoin launches on Solana4 May 2026Complete.
Initial rollout in Bolivia and PhilippinesMay 2026Complete.
Stablecard consumer product launches in 37 markets5 Aug 2026Complete.
Expansion to 60+ markets by year-endTarget Q4 2026Current milestone.

Most important updates

Western Union and Rain launch Stablecard in 37 markets for consumer USDPT access5 Aug 2026
Western Union launches USDPT stablecoin on Solana issued by Anchorage Digital4 May 2026

Upcoming

Q4 2026Expansion to 60+ markets by year-end (next)

Current obstacles

Wallet and technical adoptionRemittance users must adopt blockchain wallets and understand stablecoins, a higher friction than traditional money transfers.

Physics limits

Dependent on Solana blockchain performanceIf Solana experiences congestion or downtime, USDPT settlement is affected.

How it works

3 parts

Settlement

On-chain agent settlement

Agents settle via USDPT on Solana, enabling 24/7 clearing without banking hour delays.

Backing

Regulated issuance

Anchorage Digital Bank issues and backs USDPT with US dollar reserves.

Cashout

Global agent network

Recipients cash out USDPT at any of 360,000+ Western Union locations worldwide.

Spec sheet

Spec	USDPT Stablecoin
Blockchain	Solana^R (reported)
Issuer	Anchorage Digital Bank N.A.^R (reported)
Cash-out locations globally	360,000+^R (reported)
Countries in Western Union network	200+^R (reported)

^R reported by the company

Update log

2 updates

Wed 5 Aug

Major: Western Union and Rain launch Stablecard in 37 markets for consumer USDPT accessPressCommercial

Mon 4 May

Major: Western Union launches USDPT stablecoin on Solana issued by Anchorage DigitalPressCommercial

About Western Union

The team behind USDPT Stablecoin

Western Union

Remittance, USDPT stablecoin, cross-border payments

Western Union operates the world's largest remittance network with 360,000 cash pickup locations in 200+ countries. In May 2026, it launched USDPT stablecoin on Solana for on-chain settlement.

Launched USDPT stablecoin on Solana in May 2026, issued by Anchorage Digital Bank.
Initial rollout in Bolivia and Philippines reached 130M people; expansion to 40+ countries.
Enables 24/7 on-chain settlement with agents, removing dependence on banking hours.

westernunion.com (opens westernunion.com)Company profile →

Founded: 1851175 yrs
Headquarters: United States
Status: Public
Valuation: public
Works in: CryptoStablecoins & tokenization
Coverage: 1 program · 2 updateslatest 5 Aug 2026checked 11 Oct
Partners: Anchorage Digital (opens anchorage.com)Fireblocks (opens fireblocks.com)Solana Foundation (opens solana.com)

Spec

USDPT Stablecoin

Blockchain

Solana^R (reported)

Issuer

Anchorage Digital Bank N.A.^R (reported)

Cash-out locations globally

360,000+^R (reported)

Countries in Western Union network

200+^R (reported)