Western Union will launch its USDPT stablecoin in May as part of a broader digital assets strategy, CEO Devin McGranahan announced. The stablecoin rollout will integrate with a new network connecting digital wallets to Western Union's existing retail infrastructure and a planned global Stable Card for payments.
Western Union is embedding digital assets into its core money movement platform, positioning stablecoin settlement as a central feature alongside its legacy remittance and payment services. The USDPT launch represents one of the largest traditional financial institutions moving into stablecoin issuance and crypto infrastructure integration.
Sources: Cointelegraph | The Block | Crypto.news
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