Western Union plans to launch its stablecoin, USDPT, on the Solana blockchain in 2026. The company's CEO stated that this decision was made to address the needs of their users, who require a faster, cheaper, and more reliable payment method, especially given that Western Union processes over $100 billion in transactions annually. Solana was selected as the blockchain platform for this initiative.
Recent news indicates that Western Union plans to launch USDPT, a stablecoin built on the Solana blockchain, in 2026. In a recent interview, the CEO of Western Union stated that...
“We process over $100 billion in transactions annually, and our users need a faster, cheaper, and more reliable way to do things. Solana was the right choice for us.”