Western Union has named its proprietary US Dollar stablecoin as USDPT.

BlockBeats News, on October 29, payment giant Western Union announced that its USD stablecoin is named USDPT. Additionally, it will launch a digital asset network to connect the digital world with the fiat world, realizing the practicality of digital assets in the real world. Western Union expects USDPT to be listed in the first half of 2026.

Previously reported, payment giant Western Union joined the cryptocurrency race and will collaborate with Anchorage to issue a stablecoin on the Solana blockchain in 2026. It will also introduce a wallet provider digital asset network.