Western Union and Crossmint Launch USDPT Stablecoin on Solana for Global Remittances
Western Union has partnered with Crossmint to launch the USDPT stablecoin on the Solana blockchain for fast, low-cost international money transfers, ChainCatcher reports. The partnership integrates Western Union's digital assets network with Crossmint's services, enabling users to convert digital dollars into local fiat currencies at over 360,000 physical locations across more than 200 countries and regions. Malcolm Clarke, Vice President of Digital Assets at Western Union, said the collaboration aims to connect global wallets and digital platforms with Western Union's payment infrastructure.