.@WesternUnion USDPT and the Digital Asset Network, built on Solana. Changing how the world's money moves. businesswire.com/news/home/2025…
US Dollar Payment Token (USDPT) — Pre-Launch Stablecoin
Pre-LaunchNo data processed by Pharos yetBeta
Pharos can still tell you how this asset is supposed to work, when it expects to launch, and what sources to watch. Live market, peg, liquidity, and safety surfaces activate only after the first post-launch data sync.
Crossmint wallet partnership live; CEO presented at Digital Asset Summit NYC (Mar 2026); U.S. Bank confirmed as reserve custodian via Anchorage Digital; Rain/Visa prepaid card partnership for inflation zones; CoinGecko preview listing (zero supply); token not yet deployed on Solana
US Dollar Payment Token
USDPT
At a Glance
- Backing
- Real-World Asset Backed
- Governance
- Centralized (CeFi)
- Peg Currency
- US Dollar
- Jurisdiction
- United States
Launch Timeline
Oct 2025Expected: Q2 2026
Launch Alert
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/subscribe launch usdpt-western-unionActivity Timeline
Mar 24, 2026Milestone
CEO speaks at Digital Asset Summit NYC; U.S. Bank confirmed as reserve custodian
McGranahan outlines float-revenue model, community bank onboarding vision, and dollar-denominated holdings for inflationary regions; confirms U.S. Bank as custodian via Anchorage Digital.
SourceMar 5, 2026Partnership
Crossmint partnership for wallet infrastructure and payment APIs
Crossmint integrates USDPT into wallet infrastructure, enabling fintech developers to build on Solana with cash-out through Western Union locations.
SourceOct 28, 2025Announcement
Western Union announces USDPT on Solana with Anchorage Digital
USDPT to be issued by Anchorage Digital Bank, connecting on-chain dollar transfers to Western Union's cash network spanning 200+ countries.
SourceRemittance Giant Meets Federal Charter
Western Union moves $200B+ in cross-border remittances annually and has decided the next leg of that journey runs through Solana. USDPT is issued by Anchorage Digital Bank — the first federally chartered OCC crypto bank — with reserves custodied at U.S. Bank and Western Union providing the distribution network spanning 200+ countries and half a million retail locations. The March 2026 media blitz tells the real story: CEO McGranahan went on Fox Business to explain the business model — converting Western Union's 'negative float' (paying partners to hold funds) into positive float revenue from treasury assets. Crossmint now handles wallet infrastructure, Rain is building a stablecoin-linked Visa prepaid card targeting inflationary markets, and the company wants to onboard community banks currently stuck on SWIFT. CoinGecko already has a preview listing with zero supply, which means the infrastructure is assembled but the token isn't circulating yet. The 170-year-old money transfer company may not need to compete for DeFi liquidity — its physical footprint is the moat.
Updated 2026-03-27
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Western Union to Launch Stablecoin on Solana With Anchorage Digital
Western Union plans to launch USDPT for its 100-million-user payment network, becoming the latest traditional finance firm tapping blockchain rails for global transfers.
CoinDesk
Western Union has big plans for stablecoins
CEO Devin McGranahan outlines strategy: converting negative float to positive float revenue, opening network to community banks, and enabling dollar-denominated holdings in inflationary regions.
American Banker
Links
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