Western Union Enters Stablecoin Race With USDPT Launch On Solana
A combined 130 million people in Bolivia and the Philippines now have access to Western Union’s new digital dollar, USDPT — a US dollar-backed stablecoin running on the Solana blockchain. Related Reading: Institutional Crypto Momentum Grows As Standard Chartered Invests In GSR A Big Name Makes Its Blockchain Debut Western Union, which moves money for […]
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Global financial services company Western Union is making a strategic move into the world of stablecoins, responding to the evolving landscape created by the recent passage of the GENIUS Act in the US. On Tuesday, the company announced its intention to launch the US Dollar Payment Token (USDPT), a new stablecoin, alongside its Digital Asset Network designed to integrate digital and fiat currencies. Western Union New USDPT Stablecoin Built on the Solana (SOL) blockchain and issued by Anchorage Digital Bank, USDPT aims to broaden the options for transferring money for customers, agents, and....
Paraguay now controls 4.3% of the global Bitcoin network — a figure that caught the attention of Colombia’s president and may be shaping the country’s next big energy bet. Related Reading: Western Union Enters Stablecoin Race With USDPT Launch On Solana An Indigenous Community At The Center Colombian President Gustavo Petro went public this week […]
Western Union is about to add its first partner to a digital asset network designed to let crypto move through its global payment system and convert into local cash at more than 360,000 collection points around the world. Related Reading: Countdown To Clarity: Key US Crypto Bill Nears May Approval: CEO Western Union Plants Its […]
Western Union said it will launch a dollar-backed stablecoin and build a new crypto payment network on Solana, a move that could reshape how the company moves money across borders. Related Reading: IBM Unveils Digital Asset Haven For Banks And Governments – Details According to company filings and press releases, the token will be called […]
Falcon-512 produces the smallest digital signature of any algorithm currently approved by the US National Institute of Standards and Technology — and that fact quietly drove one of the bigger decisions in Solana’s recent development history. Related Reading: Western Union Bets On Stablecoins With USDPT May Launch Two Teams, One Conclusion Anza and Firedancer, two […]