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Aug 4, 2026

Western Union and Rain partner to enable stablecoin transactions on Visa network

Western Union has partnered with Rain to bring stablecoin payment capabilities to the Visa network, marking a significant move to integrate cryptocurrency into mainstream payment infrastructure.

Aug 4, 2026·1 source
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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

  • ▪The USDPT stablecoin is a U.S. dollar-backed digital asset issued by Anchorage Digital on the Solana blockchain
  • ▪Western Union launched the Stablecard mobile app in 37 markets on August 4, 2026, with plans to expand availability to more than 60 markets by the end of 2026
  • ▪Rain transitioned all settlement transactions for its Visa cards to USDC and tokenized its credit card receivables to enable settlement with Visa seven days a week, 365 days a year

Topics

CryptoPaymentsPayment-focused coinsInstitutional crypto partnerships & milestonesStablecoinsCrypto payments regulationInstitutional crypto adoptionDeFi paymentsTokenization