Remittance firms are accelerating their adoption of stablecoins to bypass parts of the traditional settlement infrastructure, but industry experts say this does not mean the decades-old SWIFT network is disappearing anytime soon. Western Union’s launch of its Solana-based stablecoin USDPT in the Philippines and Bolivia this week is the latest example of the growing overlap […]
Western Union has launched its US dollar-denominated USDPT stablecoin on the Solana blockchain. This marks the remittance giant’s first move into blockchain-based payments and onchain settlement. The rollout began in Bolivia and the Philippines on May 5, 2026, according to a statement from Fireblocks, one of the crypto infrastructure platforms involved. Western Union USDPT stablecoin […]
Western Union eyes May for its stablecoin USDPT rollout. The money transfer giant plans to launch its own digital token next month. This move could reshape how people send money across borders. Western Union stablecoin USDPT rollout timeline According to sources familiar with the plan, Western Union will debut USDPT in May 2026. The stablecoin […]
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