Western Union (WU) plans to launch a dollar-backed stablecoin dubbed the U.S. Dollar Payment Token, or USDPT, built on the Solana (SOL-USD) blockchain and issued by Anchorage Digital Bank, reported The Wall Street Journal. The digital token is expected to launch in the first half of 2026, The Journal’s Vicky Ge Huang, citing an interview with Devin McGranahan, president and CEO of Western Union.
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