Western Union has named its proprietary US Dollar stablecoin as USDPT

BlockBeats News, October 29th, Payment giant Western Union announced that its US Dollar stablecoin will be named USDPT. Additionally, it will launch a digital asset network to connect the digital world with the fiat world, enabling the practical use of digital assets in the real world. Western Union expects USDPT to be listed in the first half of 2026.

Previously reported, payment giant Western Union has joined the cryptocurrency race and will partner with Anchorage to issue a stablecoin on the Solana blockchain in 2026, as well as launch a digital asset network with the wallet provider.