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Aug 4, 2026

Western Union Launches Stablecoin-Backed Visa Card in 37 Markets Through Rain Partnership

Western Union has partnered with stablecoin infrastructure provider Rain to launch Stablecard, a digital wallet and Visa-branded card that allows users to hold and spend USDPT, Western Union's US dollar-backed stablecoin issued by Anchorage on Solana. The product is now available in 37 markets globally.

Aug 4, 2026·9 sources
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Top claims

  • ▪Western Union's branded digital transactions rose 25% year over year, now accounting for 43% of all consumer money transfer transactions.
  • ▪USDPT is a US dollar-backed stablecoin issued by Anchorage Digital Bank on the Solana blockchain and is redeemable 1:1 for US dollars.
  • ▪USDPT has approximately 7.4 million tokens in circulation held across 162 addresses, representing 0.05% of the stablecoins on Solana.

Topics

StablecoinsCrypto payments regulationInstitutional crypto adoptionDeFi paymentsPayment-focused coinsTokenization

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