Western Union announced the adoption of Solana as the stablecoin chain, issuing USDPT as the main circulating Token.

Western Union announced the issuance of USDPT on Solana, coupled with the regulatory benefits of the “GENIUS Act”, bringing a threefold transformation in speed, cost, and transparency for cross-border payments. (Background: The United States has temporarily suspended 100% tariffs on China, causing Bitcoin to surge by 3.6% overnight, surpassing $115,000.) (Context: Trump threatened to stop imports of Chinese cooking oil: Prepare for retaliation if you don't buy U.S. soybeans, with an additional 100% tariff.) A rare lightning bolt has struck the 175-year history of the remittance leader. In the fall of 2025, Western Union confirmed that it would issue a stablecoin USDPT pegged 1:1 to the U.S. dollar on the Solana blockchain, regulated through Anchorage Digital Bank. With this news, the future landscape of cross-border payments is being reevaluated. From observation to transition: Strategic variations catalyzed by law. In the past, severe fluctuations and ambiguous regulations kept Western Union at a distance from Crypto Assets. A turning point occurred in July 2025, when U.S. President Trump signed the “GENIUS Act”, the first federal-level legislation to set clear rules for stablecoins. CEO Devin McGranahan stated at Money 20/20 USA, “The act reduces volatility and compliance risks, allowing us to finally bring stablecoins into mainstream remittance.” The U.S. Treasury estimated that the market capitalization of stablecoins would be about $311.5 billion in April 2025, potentially ballooning to $2 trillion by 2028, a blue ocean that Western Union does not want to miss. Why choose Solana? Speed, cost, and scalability are three key factors. After comparing multiple public chains, the team decided to base USDPT on Solana primarily due to its high throughput, low transaction fees, and flexible scalability that meet institutional needs. The cost of a single transaction on Solana is only a fraction of a dollar, with block confirmation times measured in seconds, far lower than the traditional remittance process that can take several days. Western Union also announced the creation of a “Digital Asset Network” to connect cash withdrawal channels for 150 million users globally, allowing digital currencies to be converted back to fiat currency with one click. Chain reaction: A new standard for cross-border payments. Slow speed, high costs, and opaque processes have always been pain points in cross-border remittances. After USDPT is launched, the industry anticipates that “faster, cheaper, and more transparent” will become the next competitive benchmark. The parent company of Zelle has publicly planned a stablecoin initiative; competitor MoneyGram has introduced USDC wallets in Colombia in September ( and is also making simultaneous arrangements. As traditional giants collectively shift, stablecoins are rising from payment experiments in the Crypto circle to mainstream financial infrastructure. Prospects and challenges: An irreversible trend of integration. Western Union's decision marks a deep integration of TradFi and Blockchain, but challenges remain. Users need to understand wallet operations, technical security must withstand practical testing, and regulations may continue to adjust. Nevertheless, the compliance endorsement from Anchorage Digital Bank adds a safety net for USDPT, and Western Union's brand trust is expected to encourage more institutions to follow suit. In summary, the “GENIUS Act” opens the door to compliance, Solana provides a technological runway, and Western Union brings a vast user base and cash network. The interplay of these three forces positions USDPT to potentially become the next highway for cross-border payments. When the exchange of digital assets and fiat currency becomes as instantaneous as message delivery, we may already be on the threshold of a new financial normal. Related reports: South Korea plans to amend laws to “include stablecoins in foreign exchange control,” making StableCoin equivalent to legal tender for the first time. Coinbase collaborates with Citibank to promote stablecoin payments, and further partners with Apollo to launch StableCoin collateralized loans. People's Bank of China Governor Pan Gongsheng: Firmly cracking down on Crypto Assets! Stablecoins are still in the early stages of development, promoting the development of digital renminbi. This article, “Western Union Announces Adoption of Solana as Stablecoin Chain, Issuing USDPT as the Main Circulating Token,” was first published in BlockTempo, the most influential blockchain news media.