Western Union remittance USDPT launches in May: Issued by Anchorage, Solana chain
Western Union has officially categorized stablecoins as the core of its digital-first transformation, advancing on three fronts: USDPT will launch in May, issued by Anchorage Digital Bank and carried on the Solana chain; DAN will launch its first partner in April, with 7+ companies throughout the year; further details on the Stable Card are yet to be revealed. USDPT reduces settlement costs and brings yield from idle funds, forming an on-chain closed loop of issuing in-house, operating its own network, and distributing through its own channels.
SOL-1,19%
ChainNewsAbmedia·7h ago
