ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvents
More
The post Western Union Announces USD Stablecoin and Digital Asset Network appeared on BitcoinEthereumNews.com. Key Points: Introduction of USDPT stablecoin and launch plans for digital asset network. Expected launch in first half of 2026. Potential Solana usage increase due to USDPT issuance. Western Union, the renowned payment processing firm, has unveiled plans for U.S. Dollar Payment Token (USDPT), set to launch by 2026, integrating with Anchorage Digital Bank. USDPT aims to bridge digital and fiat worlds, enhancing global remittances and challenging existing stablecoins by leveraging Western Union’s extensive reach and Solana’s blockchain efficiency. Western Union Enters Crypto Market with USDPT Stablecoin Western Union has announced a new stablecoin, U.S. Dollar Payment Token (USDPT), slated for the first half of 2026. This ambitious move will leverage Solana’s blockchain to seamlessly connect digital and fiat worlds. Anchorage Digital Bank, renowned for its regulatory compliance, supports this initiative. As McGranahan stated, “As we transition into the digital asset space, USDPT will enable us to take ownership of the economics associated with stablecoins.” This reflects a strategic push to modernize Western Union’s traditional remittance services. Market responses are muted as the token remains in development, yet Solana stands to gain transactional activity. The company’s announcement has stirred interest, though prominent figures like Vitalik Buterin have yet to comment. Solana Expected to Benefit as USDPT Launches Did you know? Western Union’s launch of USDPT marks a significant shift reminiscent of PayPal’s PYUSD launch in 2023, signaling major traditional finance interest in blockchain. As of October 29, 2025, Solana (SOL) is valued at $198.84 with a market cap of $109.30 billion, commanding a 2.87% market dominance. Notably, the circulating supply stands at 549,700,528. CoinMarketCap data indicates a 10.06% increase over 90 days, despite a slight decline of 0.44% in the last 24 hours. Solana(SOL), daily chart, screenshot on CoinMarketCap at 12:01 UTC on October 29, 2025. Source: CoinMarketCap Analysts at… The post Western Union Announces USD Stablecoin and Digital Asset Network appeared on BitcoinEthereumNews.com. Key Points: Introduction of USDPT stablecoin and launch plans for digital asset network. Expected launch in first half of 2026. Potential Solana usage increase due to USDPT issuance. Western Union, the renowned payment processing firm, has unveiled plans for U.S. Dollar Payment Token (USDPT), set to launch by 2026, integrating with Anchorage Digital Bank. USDPT aims to bridge digital and fiat worlds, enhancing global remittances and challenging existing stablecoins by leveraging Western Union’s extensive reach and Solana’s blockchain efficiency. Western Union Enters Crypto Market with USDPT Stablecoin Western Union has announced a new stablecoin, U.S. Dollar Payment Token (USDPT), slated for the first half of 2026. This ambitious move will leverage Solana’s blockchain to seamlessly connect digital and fiat worlds. Anchorage Digital Bank, renowned for its regulatory compliance, supports this initiative. As McGranahan stated, “As we transition into the digital asset space, USDPT will enable us to take ownership of the economics associated with stablecoins.” This reflects a strategic push to modernize Western Union’s traditional remittance services. Market responses are muted as the token remains in development, yet Solana stands to gain transactional activity. The company’s announcement has stirred interest, though prominent figures like Vitalik Buterin have yet to comment. Solana Expected to Benefit as USDPT Launches Did you know? Western Union’s launch of USDPT marks a significant shift reminiscent of PayPal’s PYUSD launch in 2023, signaling major traditional finance interest in blockchain. As of October 29, 2025, Solana (SOL) is valued at $198.84 with a market cap of $109.30 billion, commanding a 2.87% market dominance. Notably, the circulating supply stands at 549,700,528. CoinMarketCap data indicates a 10.06% increase over 90 days, despite a slight decline of 0.44% in the last 24 hours. Solana(SOL), daily chart, screenshot on CoinMarketCap at 12:01 UTC on October 29, 2025. Source: CoinMarketCap Analysts at…

Western Union Announces USD Stablecoin and Digital Asset Network

Author: BitcoinEthereumNews
Source: BitcoinEthereumNews
2025/10/29 21:55
2 min read
Union
U$0.000797-9.63%
TokenFi
TOKEN$0.002995-4.95%
Lorenzo Protocol
BANK$0.03817-0.75%
Hyperbridge
BRIDGE$0.01456-2.01%
Movement
MOVE$0.02286-3.82%
Key Points:
  • Introduction of USDPT stablecoin and launch plans for digital asset network.
  • Expected launch in first half of 2026.
  • Potential Solana usage increase due to USDPT issuance.

Western Union, the renowned payment processing firm, has unveiled plans for U.S. Dollar Payment Token (USDPT), set to launch by 2026, integrating with Anchorage Digital Bank.

USDPT aims to bridge digital and fiat worlds, enhancing global remittances and challenging existing stablecoins by leveraging Western Union’s extensive reach and Solana’s blockchain efficiency.

Western Union Enters Crypto Market with USDPT Stablecoin

Western Union has announced a new stablecoin, U.S. Dollar Payment Token (USDPT), slated for the first half of 2026. This ambitious move will leverage Solana’s blockchain to seamlessly connect digital and fiat worlds. Anchorage Digital Bank, renowned for its regulatory compliance, supports this initiative.

As McGranahan stated, “As we transition into the digital asset space, USDPT will enable us to take ownership of the economics associated with stablecoins.” This reflects a strategic push to modernize Western Union’s traditional remittance services.

Market responses are muted as the token remains in development, yet Solana stands to gain transactional activity. The company’s announcement has stirred interest, though prominent figures like Vitalik Buterin have yet to comment.

Solana Expected to Benefit as USDPT Launches

Did you know? Western Union’s launch of USDPT marks a significant shift reminiscent of PayPal’s PYUSD launch in 2023, signaling major traditional finance interest in blockchain.

As of October 29, 2025, Solana (SOL) is valued at $198.84 with a market cap of $109.30 billion, commanding a 2.87% market dominance. Notably, the circulating supply stands at 549,700,528. CoinMarketCap data indicates a 10.06% increase over 90 days, despite a slight decline of 0.44% in the last 24 hours.

Solana(SOL), daily chart, screenshot on CoinMarketCap at 12:01 UTC on October 29, 2025. Source: CoinMarketCap

Analysts at Coincu Research anticipate that Western Union’s bold move, via USDPT, could alter financial ecosystems both technologically and regulatory. If successful, this might catalyze similar ventures by finance giants, potentially reshaping digital asset landscapes.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/news/western-union-launches-usdpt/

Market Opportunity
Union Logo
Union Price(U)
$0.000799
$0.000799$0.000799
-4.54%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Pippin (PIPPIN) Price Prediction 2026–2030: Can PIPPIN Hit $0.70 Soon?

Pippin (PIPPIN) Price Prediction 2026–2030: Can PIPPIN Hit $0.70 Soon?

PIPPIN has surged sharply on the daily timeframe, printing a powerful bullish candle with over 25% gains. RSI is holding above 60, signaling strengthening momentum
Share
Coinstats2026/02/23 04:29
Will Cardano Reach $10 by 2030? Analysts Break Down ADA’s Growth Cycles

Will Cardano Reach $10 by 2030? Analysts Break Down ADA’s Growth Cycles

The post Will Cardano Reach $10 by 2030? Analysts Break Down ADA’s Growth Cycles appeared first on Coinpedia Fintech News Cardano (ADA) is trading at $0.9024 with a market cap of $32.91 billion. Experts say ADA has the potential to climb much higher, with some placing long-term targets as high as $10. The token continues to benefit from stronger visibility, rising liquidity, and increasing inflows from both institutional and retail markets. Can Cardano Hit $10 …
Share
CoinPedia2025/09/18 17:19
Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum

Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum

The post Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum appeared on BitcoinEthereumNews.com. A crypto whale lost more than $6 million in staked Ethereum (stETH) and Aave-wrapped Bitcoin (aEthWBTC) after approving malicious signatures in a phishing scheme on Sept. 18, according to blockchain security firm Scam Sniffer. According to the firm, the attackers disguised their move as a routine wallet confirmation through “Permit” signatures, which tricked the victim into authorizing fund transfers without triggering obvious red flags. Yu Xian, founder of blockchain security company SlowMist, noted that the victim did not recognize the danger because the transaction required no gas fees. He wrote: “From the victim’s perspective, he just clicked a few times to confirm the wallet’s pop-up signature requests, didn’t spend a single penny of gas, and $6.28 million was gone.” How Permit exploits work Permit approvals were originally designed to simplify token transfers. Instead of submitting an on-chain approval and paying fees, a user can sign an off-chain message authorizing a spender. That efficiency, however, has created a new attack surface for malicious players. Once a user signs such a permit, attackers can combine two functions—Permit and TransferFrom—to drain assets directly. Because the authorization takes place off-chain, wallet dashboards show no unusual activity until the funds move. As a result, the assets are gone when the approval executes on-chain, and tokens are redirected to the attacker’s wallet. This loophole has made permit exploits increasingly attractive for malicious actors, who can siphon millions without needing complex hacks or high-cost gas wars. Phishing losses The latest theft highlights a wider trend of escalating phishing campaigns. Scam Sniffer reported that in August alone, attackers stole $12.17 million from more than 15,200 victims. That figure represented a 72% jump in losses compared with July. According to the firm, the most significant share of August’s damages came from three large accounts that accounted for nearly half…
Share
BitcoinEthereumNews2025/09/19 02:31