Western Union launches USDPT stablecoin on Solana, promising instant, low-cost remittances and shaking up the digital payments landscape.
Key takeaways
- Why Western Union’s USDPT Stablecoin Launch on Solana Matters for Digital Payments
- Western Union, the century-old remittance giant, has dropped a dollar-pegged stablecoin—USDPT—onto Solana’s blockchain, upending the status quo for cross-border paymen...
- This isn’t just a new product—it's a strategic recognition that blockchain rails are no longer fringe tech. The company’s move could pressure rivals like MoneyGram and...
- For users, the launch promises instant transactions, lower fees, and direct custody of funds. Migrant workers who previously waited days and paid 5-10% in transfer fee...
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Canonical source: https://mlxio.com/crypto/western-union-usdpt-stablecoin-solana-2026-05-04
