Western Union to Launch Stablecoin Next Month, With ‘Stable Card’ Planned for Global Consumers

The Block

"Western Union announced it will launch its stablecoin, USDPT, next month. Western Union is also launching a network connecting digital wallets to its existing retail infrastructure, and a stablecoin payment card for global consumers. USDPT is expected to launch in select countries with key agent partners for onchain settlement, enabling faster processing. Western Union also said that it is launching two services that will integrate the stablecoin into a broader ecosystem. One of them is the Digital Asset Network (DAN), leveraging USDPT and other digital assets to connect crypto wallets to Western Union's existing retail and agent network. "