Western Union Targets SWIFT With Solana USDPT Stablecoin

Western Union is set to launch USDPT, a U.S. Dollar Payment Token built on Solana, in May 2026. This stablecoin aims to replace the traditional SWIFT system for settlements among its network of 360,000 global payment agents. The move signifies a major adoption of blockchain technology by the financial giant for global payment transfers.

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