USDPT is Western Union's Solana dollar stablecoin issued by Anchorage Digital Bank and backed by cash deposits and money market funds. The static profile records its US Dollar peg mechanism as: Issuer-managed 1:1 redemption for U.S. dollars; Anchorage Digital Bank N.A. issues USDPT, with each token matched by an equal amount of U.S. dollar reserves.

As of Oct 29, 2026, Pharos grades USDPT B- (66/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.

Pharos records USDPT's reserves as of Aug 31, 2026 as 83.1% Money market funds at net asset value (CUSIP 09250C572 $7,440,000; CUSIP 46655R119 $1,942,429) and 16.9% Demand deposits at FDIC-insured depository institutions. Reserve evidence: Examination by Deloitte & Touche LLP, latest period ending Aug 31, 2026. Pharos classifies the backing as Real-World Asset Backed.

Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.

Under the route Pharos reviewed on Aug 12, 2026, customers the issuer has verified can redeem USDPT for a single stable asset, such as cash or a stablecoin. Settlement takes multiple days. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.