Western Union’s USDPT Stablecoin Becomes a Settlement Option on Visa, Anchorage Digital Says
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Anchorage Digital said Visa partners can now settle their VisaNet balances using USDPT, the stablecoin issued by Western Union’s bank, though Visa has not independently confirmed the arrangement. The token becomes a settlement option alongside existing rails, with Anchorage Digital, a federally chartered crypto bank, serving as the intermediary for the arrangement. The move matters because it places a bank-minted stablecoin tied to a legacy remittance giant into Visa’s settlement workflow, potentially broadening stablecoin use beyond crypto-native trading and into mainstream card payments. Western Union has not disclosed USDPT’s circulating supply, market cap or settlement volumes tied to the Visa integration. What to watch next is whether Visa issues its own confirmation and whether other Visa issuers and acquirers adopt USDPT, which would signal whether the arrangement scales beyond a single partner.
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Named in this story
Western Union, USDPT, Visa (V), Anchorage Digital
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