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2mo ago

Western Union Taps Crossmint to Roll Out Solana Stablecoin Linked to 360,000 Cash Pickup Points

Anchorage Digital Bank will issue USDPT ahead of a planned first‑half 2026 debut.

Western Union launches USDPT on Solana
Crossmint, western union partner to bring usdpt stablecoin to solana
Remittance giant Western Union teams up with Crossmint to expand USDPT stablecoin access on Solana
Western union partners with crossmint to launch usdpt stablecoin on solana

Overview

  • Western Union confirmed a partnership with Crossmint to support USDPT on Solana and plug it into the company’s new Digital Asset Network.
  • The Digital Asset Network is designed to connect on‑chain transfers to more than 360,000 cash collection locations across over 200 countries and territories.
  • Anchorage Digital Bank will serve as the issuer of USDPT, signaling a regulated framework aimed at compliance and institutional participation.
  • Crossmint will integrate USDPT into its wallet and payment APIs so fintech apps can settle transactions on Solana and offer conversion to local currencies through Western Union’s payout rails.
  • Western Union expects a first‑half 2026 rollout and plans for partner exchange support as it targets faster, lower‑cost remittances using Solana’s low fees and fast finality.