{"id":17118,"date":"2026-05-04T08:28:46","date_gmt":"2026-05-04T15:28:46","guid":{"rendered":"https:\/\/jasonsblog.ddns.net\/?p=17118"},"modified":"2026-05-04T08:28:46","modified_gmt":"2026-05-04T15:28:46","slug":"western-union-launches-usdpt-stablecoin-issued-by-anchorage-on-solana","status":"publish","type":"post","link":"https:\/\/jasonsblog.ddns.net\/index.php\/2026\/05\/04\/western-union-launches-usdpt-stablecoin-issued-by-anchorage-on-solana\/","title":{"rendered":"Western Union Launches USDPT Stablecoin Issued by Anchorage on Solana"},"content":{"rendered":"\n<p>The stablecoin bid to sell treasuries is picking up steam. It remains to be seen how many trillions of national debt will be sold to these megacorp settlement layers. They could be valuable for people in other countries with terrible fiat currencies, but a shame the bankers fought returns being passed to holders from the interest on the bonds. The TradFi bankers are the worst.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.theblock.co\/post\/399890\/western-union-launches-usdpt-stablecoin-anchorage-solana\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.theblock.co\/post\/399890\/western-union-launches-usdpt-stablecoin-anchorage-solana<\/a><\/p>\n\n\n<div class=\"wp-block-ub-divider ub_divider ub-divider-orientation-horizontal\" id=\"ub_divider_5bb97248-0e6d-45dc-b18b-a6ed02f66891\"><div class=\"ub_divider_wrapper\" style=\"position: relative; margin-bottom: 2px; width: 100%; height: 2px; \" data-divider-alignment=\"center\"><div class=\"ub_divider_line\" style=\"border-top: 2px solid #ccc; margin-top: 2px; \"><\/div><\/div><\/div>\n\n\n<p>By Brian Danga<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.tbstat.com\/cdn-cgi\/image\/f=avif,q=50\/wp\/uploads\/2025\/05\/20250514_Tokenization-3-1200x675-1.jpg\" alt=\"Western Union launches USDPT stablecoin issued by Anchorage on Solana\"\/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\">Quick Take<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Western Union said it\u00a0 launched its U.S. dollar-denominated stablecoin on the Solana blockchain to serve as a 24\/7 settlement asset across its global payment network.<\/li>\n\n\n\n<li>The asset is issued by Anchorage Digital and utilizes Fireblocks infrastructure to facilitate near-instant treasury and agent settlement, according to a statement.<\/li>\n<\/ul>\n\n\n\n<p>Western Union has introduced a U.S. dollar-denominated stablecoin on the Solana blockchain, positioning the token as a round-the-clock settlement asset for its cross-border payment network spanning more than 200 countries.&nbsp;<\/p>\n\n\n\n<p>The company will initially roll out USDPT in the Philippines and Bolivia, according to a <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260504531737\/en\/Western-Union-Launches-USDPT-on-Solana-Advancing-Regulated-Digital-Infrastructure-for-Global-Payments\" target=\"_blank\" rel=\"noreferrer noopener\">statement<\/a> on Monday. The token is designed to support treasury management and transaction settlements, enabling near-instant 24\/7 transfers between Western Union and its global agents.&nbsp;<\/p>\n\n\n\n<p>USDPT will be fully backed by U.S. dollars and issued by Anchorage Digital Bank N.A., the first federally regulated crypto bank in the United States. Fireblocks was tapped to provide the wallet, settlement, and financial operations infrastructure.<\/p>\n\n\n\n<p>By making USDPT available on licensed virtual currency exchanges, the asset will expand access to Western Union&#8217;s global payout and liquidity infrastructure, the company said. It will also support its consumer-facing &#8220;Stable by Western Union&#8221; feature launching in 2026 across more than 40 countries.<\/p>\n\n\n\n<p>The move comes as the total supply for U.S. dollar-backed stablecoins has eclipsed $300 billion, according to The Block\u2019s <a href=\"https:\/\/www.theblock.co\/data\/stablecoins\/usd-pegged\/total-stablecoin-supply\" target=\"_blank\" rel=\"noreferrer noopener\">data dashboard<\/a>. Tether\u2019s USDT and Circle\u2019s USDC currently dominate the sector, accounting for approximately $189.6 billion and $77.6 billion of that total, respectively.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"573\" height=\"438\" src=\"https:\/\/jasonsblog.ddns.net\/wp-content\/uploads\/2026\/05\/image-1.png\" alt=\"\" class=\"wp-image-17119\" srcset=\"https:\/\/jasonsblog.ddns.net\/wp-content\/uploads\/2026\/05\/image-1.png 573w, https:\/\/jasonsblog.ddns.net\/wp-content\/uploads\/2026\/05\/image-1-300x229.png 300w\" sizes=\"auto, (max-width: 573px) 100vw, 573px\" \/><figcaption class=\"wp-element-caption\"><a href=\"https:\/\/www.theblock.co\/data\/stablecoins\/usd-pegged\/total-stablecoin-supply\/embedExpand Chart\">https:\/\/www.theblock.co\/data\/stablecoins\/usd-pegged\/total-stablecoin-supply\/embedExpand Chart<\/a><\/figcaption><\/figure>\n\n\n\n<p>Western Union is not alone in expanding stablecoin infrastructure. Visa <a href=\"https:\/\/www.theblock.co\/post\/399405\/visa-stablecoin-settlement-hits-7-billion-run-rate-pilot-expands-nine-blockchains\" target=\"_blank\" rel=\"noreferrer noopener\">said<\/a> last week its stablecoin settlement pilot reached a $7 billion annualized run rate after adding five blockchains, bringing total network support to nine, while supporting more than 130 stablecoin-linked card programs across over 50 countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The stablecoin bid to sell treasuries is picking up steam. It remains to be seen how many trillions of national debt will be sold to these megacorp settlement layers. They could be valuable for people in other countries with terrible fiat currencies, but a shame the bankers fought returns being passed to holders from the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,7],"tags":[],"class_list":["post-17118","post","type-post","status-publish","format-standard","hentry","category-tech","category-world"],"blocksy_meta":[],"featured_image_src":null,"author_info":{"display_name":"Jason","author_link":"https:\/\/jasonsblog.ddns.net\/index.php\/author\/jturning\/"},"_links":{"self":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts\/17118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/comments?post=17118"}],"version-history":[{"count":1,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts\/17118\/revisions"}],"predecessor-version":[{"id":17120,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts\/17118\/revisions\/17120"}],"wp:attachment":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/media?parent=17118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/categories?post=17118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/tags?post=17118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}