Visa to Support Western Union’s USDPT Stablecoin for…
By Abdelaziz Fathi
AI summary of the source article
Visa and Anchorage Digital are expanding their partnership to support Western Union's USDPT stablecoin as a native settlement asset on VisaNet. This allows eligible institutional participants to settle payment network obligations using the Solana-based token rather than relying exclusively on fiat.
Why it matters
The text states that "Supporting USDPT gives Visa another dollar-denominated settlement instrument while providing Western Union's stablecoin with a potential institutional use case beyond remittances."
Key facts
- USDPT is issued by Anchorage Digital Bank on the Solana blockchain and backed 1:1 by bank deposits, U.S. Treasury bills, and cash equivalents.
- The integration enables participating institutions to settle VisaNet obligations using blockchain-based assets outside traditional banking hours.
- Visa's annualized stablecoin settlement run rate reached approximately $20 billion in September 2026.
Source excerpt · FinanceFeeds
Visa and Anchorage Digital are expanding their stablecoin settlement partnership to support Western Union's U.S. Dollar Payment Token (USDPT) as a native settlement asset on VisaNet, allowing eligible participants to use the bank-issued token to settle obligations on Visa's global payments network. Anchorage Digital said the collaboration will initially focus on USDPT, with a framework for conside…