Western Union Launches USDPT Stablecoin on Solana in Bolivia and Philippines

Western Union deploys USDPT on Solana, targeting 130 million users in Bolivia and the Philippines. The firm plans to expand to over 40 countries by 2026, marking its first blockchain payment entry.

Woofun AI reports that Western Union has officially launched the USDPT stablecoin on Solana, marking its inaugural entry into blockchain-based payments and on-chain settlement. The asset initially debuts in Bolivia and the Philippines, reaching a combined population of 130 million.

Western Union intends to scale this infrastructure to more than 40 countries by 2026. This strategic expansion underscores the firm's commitment to integrating traditional remittance networks with decentralized finance protocols.