Visa Adds Western Union’s USDPT for Stablecoin Settlement via Anchorage

Visa will allow select stablecoins issued by Anchorage Digital’s federally regulated bank to settle natively on VisaNet, starting with Western Union’s USDPT, the companies announced Nov. 12. The arrangement makes Anchorage-issued tokens eligible as settlement assets across Visa’s network, extending stablecoin use beyond crypto trading into mainstream payment flows. Western Union’s USDPT is the first token in scope, with additional Anchorage-issued stablecoins expected to follow. The move matters because it deepens ties between regulated banking and card-network settlement, potentially reducing reliance on traditional fiat rails for cross-border and merchant payments. Watch for which other Anchorage-issued stablecoins Visa certifies next and whether more issuers adopt native on-network settlement.