West Union Officially Launches Stablecard Stablecoin Payment Card, Initial Coverage of 37 Markets

Odaily Planet Daily News Global remittance giant Western Union has announced the official launch of Stablecard, built on Rain's stablecoin infrastructure. Users can directly receive USDPT, a stablecoin issued by Western Union and issued by Anchorage Digital Bank on Solana, and spend instantly at Visa-accepting merchants worldwide through the integrated Visa card, or choose to withdraw cash. Stablecard initially covers 37 markets, with Western Union planning to expand to more than 60 markets by the end of the year. The company stated that stablecoins will help reduce working capital requirements for cross-border remittances, improve capital efficiency, and support the launch of more digital financial services.