Visa is deepening its layout in the digital asset space. CEO Ryan McInerney announced during the fourth quarter earnings call that as part of its global encryption expansion strategy, Visa will add support for four stablecoins operating on four different blockchains. This move will further expand Visa's digital asset infrastructure and enhance its global payment capabilities. Since 2020, Visa has facilitated over $140 billion in stablecoin and encryption fund flows. At the same time, Western Union announced plans to launch its USD payment token (USDPT) on the Solana blockchain in the first half of 2026, marking a further mainstream application of stablecoins in the traditional cross-border remittance sector.

Western Union ( announced on 10/28 that it will issue the US dollar stablecoin USDP on Solana, while also creating the Digital Asset Network ), which is expected to officially launch in the first half of 2026. Launch of USDPT stablecoin and digital asset network Western Union officially announced the launch of its own dollar stablecoin USDPT and digital asset network. The company stated that the goal of these two initiatives is to "bridge the digital world and real fiat currency," allowing digital assets to be used more widely in daily life. The stablecoin USDPT will be pegged to the US dollar at a 1:1 ratio and will be issued by the digital asset bank Anchorage Digital. The overall structure will be built on the Solana chain, leveraging its high speed and low fees.

The global payment network giant Western Union, which has a history of 175 years, announced plans to launch a U.S. Dollar Payment Token (USDPT), a dollar stablecoin. This stablecoin will be built on the Solana Blockchain and issued by Anchorage Digital Bank, with an expected launch in the first half of 2026. This move aims to enable its 100 million users to conduct international remittances, freeing them from local currency fluctuations and risks, achieving lower costs and faster transaction settlements. Following President Trump signing the GENIUS Act this summer to provide regulatory clarity, Western Union's entry marks a new development stage for the stablecoin market, and its massive scale will pose a strong challenge to competitors like MoneyGram, PayPal, and the traditional banking industry.