---
title: "US Dollar Payment Token (USDPT) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/usdpt-western-union/"
description: "Build-time stablecoin profile for US Dollar Payment Token (USDPT). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-06-12"
---



# US Dollar Payment Token (USDPT)

**Peg:** US Dollar

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** pre-launch

## Overview

USDPT is Western Union's attempt to turn agent and treasury settlement into an on-chain dollar rail without pretending to be a DeFi-native coin. Anchorage Digital Bank issues it on Solana, with reserves described as bank deposits, Treasury bills, and cash-equivalent instruments under a regulated U.S. banking setup. The interesting part is distribution: Western Union already has the physical agent network most stablecoin issuers would pitch as a 2030 roadmap slide. The boring part is also the point, because mint and redemption are centralized issuer operations for a corporate payments product. Until public market data and secondary liquidity mature, USDPT is less a traded stablecoin than a live settlement primitive waiting for the dashboard to prove it has circulation beyond the press release.

## Collateral

U.S. dollar reserves held for USDPT, including bank deposits, U.S. Treasury bills, and similar cash equivalents

## Peg Mechanism

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

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| United States | N/A | N/A |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| solana | `HVWf8JmLoHs99Lw8Psf3fyqAtA4crWxCPkrmSdNjhNH3` | 6 |

## Live Data

This is a pre-launch stablecoin profile. Live API data is not available until launch.