Western Union’s USDPT to Launch on Solana, Accelerating Stablecoin Remittances Worldwide
TL;DR, Stablecoin remittances represented 43% of Africa’s total crypto volume, prompting Western Union to launch its own dollar-pegged stablecoin, USDPT, on Solana to capture this growing market. Western Union will issue USDPT via Anchorage Digital Bank and launch a Digital Asset Network on Solana, merging institutional compliance with wallet-to-cash off-ramps. Expect fewer correspondent…