TLDR Tech / Crypto
Western Union Launching USDPT Stablecoin on Solana
Western Union's USDPT is a Solana-based stablecoin backed by Crossmint's wallet and payment API infrastructure, redeemable across its 360,000 cash locations in 200+ countries. This is one of the most significant TradFi entries into the stablecoin market. Western Union's existing physical distribution network offers a rare real-world redemption layer at scale.
Read the full story