Western Union to Launch Stablecoin USDPT and Plans to Issue "Stable Card"

Odaily News: Western Union has announced the launch of a Solana-based stablecoin, USDPT, next month as an alternative settlement network between the company and its agents.

Additionally, Western Union plans to launch a digital asset network connecting crypto wallets with its existing retail and agent networks. It also plans to introduce a "Stable Card" in dozens of markets later this year, enabling users to hold value in stablecoins and spend globally. (The Block)