Western Union plans to roll out a “stable card” for high‑inflation markets and introduce its own token as part of a broader stablecoin and digital assets strategy.

Western Union announced USDPT, a dollar-pegged stablecoin built on Solana in partnership with Rain and issued with Anchorage Digital Bank, alongside a ‘Digital Asset Network’ to link wallets to retail cash rails.

Western Union, collaborating with Anchorage Digital Bank, plans to introduce USDPT on the Solana blockchain to enhance money transfer options for customers. This move combines traditional financial services with blockchain technology for faster and more efficient transactions.