Global remittance giant Western Union is preparing to launch its own stablecoin, USDPT, in the first half of 2026 as part of its broader digital transformation strategy. The new token, pegged 1:1 to the US dollar, is designed to enable faster, cheaper, and fully on-chain cross-border transactions. Industry observers see this move as a major step toward bridging traditional money transfer systems with blockchain technology. Analysts also suggest that Western Union’s entry into the stablecoin market could intensify competition among global payment networks and drive broader adoption of on-chain settlement solutions.
Western Union to Launch USDPT Stablecoin in 2026, Aiming to Revolutionize Cross-Border Payments”