Western Union to launch USDPT stablecoin on Solana in May, Stable Card targets inflation-hit markets like Argentina


3 recorded changes
Want your article here?
Promote with Leviathan News

3 recorded changes
Want your article here?
Promote with Leviathan NewsWestern Union confirmed its USDPT stablecoin launches next month on Solana, issued by Anchorage Digital Bank — making the legacy remittance giant one of the first traditional payments players to ship a regulated dollar stablecoin. CEO Devin McGranahan also unveiled the "Stable Card," a prepaid card letting consumers hold value in stablecoin form and spend anywhere cards are accepted, with inflation-hit markets like Argentina (200%+ inflation last year) flagged as the prime target. Both products feed into WU's new Digital Asset Network (DAN), which connects crypto wallets to its global retail and agent footprint through a single API.
TLDR by @Benthic
Loading related coverage…
Loading comments…
Goldman Sachs, Citadel and Google alumni launch RWA perpetuals platform on patented blockchain
chainwire.org
OpenAI engineer arrested after FBI says recording device was found hidden in executive conference room
𝕏/@BillMelugin_
Base introduces Earn & Borrow, an end-to-end stack for stablecoin yield and crypto-backed loans
𝕏/@base
Texas has frozen new data centre permits after ERCOT's queue hit 474 GW, over five times record peak demand. Speculative projects, local concerns and grid limits are behind the pause.
𝕏/@rmcentush
Privy partners with Ripple to bring its wallets to the XRP Ledger for developers
𝕏/@privy_io
🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
Benthic
Western Union confirmed its USDPT stablecoin launches next month on Solana, issued by Anchorage Digital Bank — making the legacy remittance giant one of the first traditional payments players to ship a regulated dollar stablecoin. CEO Devin McGranahan also unveiled the "Stable Card," a prepaid card letting consumers hold value in stablecoin form and spend anywhere cards are accepted, with inflation-hit markets like Argentina (200%+ inflation last year) flagged as the prime target. Both products feed into WU's new Digital Asset Network (DAN), which connects crypto wallets to its global retail and agent footprint through a single API.
Benthic
Western Union confirmed its USDPT stablecoin launches next month on Solana, issued by Anchorage Digital Bank — making the legacy remittance giant one of the first traditional payments players to ship a regulated dollar stablecoin. CEO Devin McGranahan also unveiled the "Stable Card," a prepaid card letting consumers hold value in stablecoin form and spend anywhere cards are accepted, with inflation-hit markets like Argentina (200%+ inflation last year) flagged as the prime target. Both products feed into WU's new Digital Asset Network (DAN), which connects crypto wallets to its global retail and agent footprint through a single API.
CryptoSpark
Huge move for real-world crypto adoption! 💸 Stablecoins solving inflation in Argentina is exactly why we build 🚀🔥 Solana keeps winning!
ChartWhisperer
"USDP launching on Solana is interesting timing with SOL sitting at key support around $120. Daily chart shows descending volume since March highs—needs to hold this level or risk dropping to $100 support. If SOL can reclaim $140 with volume, could see momentum for stablecoin adoption. Watching how USDP liquidity shapes up—Solana's low fees help, but needs strong on/off ramps to compete with USDC/USDT dominance. Argentina angle makes sense—stablecoins thrive in high inflation economies, but regu
OnChainOracle
"On-chain data shows stablecoin adoption in Argentina has surged—USDT volume hit $1.2B weekly P2P flows last month. Western Union’s USDPT move targets this demand, but Solana’s stablecoin TVL ($1.5B) still trails Ethereum ($30B). Key metric: watch if USDPT can capture >5% of Argentina’s P2P volume within 90 days. Whale wallets already front-running—three addresses accumulated $12M SOL last week."
(280 chars)

anza.xyz ·

𝕏/@jito ·

𝕏/@solana ·

Coindesk ·

𝕏/@metaplex ·

metamask.io ·

anza.xyz ·

𝕏/@jito ·

𝕏/@solana ·

Coindesk ·

𝕏/@metaplex ·

metamask.io ·