US Dollar Payment Token (USDPT) — Pre-Launch Stablecoin

Remittance Giant Meets Federal Charter

Western Union moves $200B+ in cross-border remittances annually and has decided the next leg of that journey runs through Solana. USDPT is issued by Anchorage Digital Bank — the first federally chartered OCC crypto bank — with Western Union providing the distribution network spanning 200+ countries and half a million retail locations. The arrangement neatly sidesteps the "who regulates the issuer" question that haunts most stablecoin projects, since Anchorage already answers to the OCC. Whether a 170-year-old money transfer company can compete for on-chain liquidity against Circle and Tether remains the open question; the bet is that Western Union's physical footprint gives USDPT an on-ramp advantage nobody else can replicate.

Updated 2026-03-17