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Crypto

MoneyGram joins Solana as validator, expands from remittances to blockchain operations

MoneyGram has joined the Solana blockchain as a validator, taking part directly in network security and transaction processing. Cointelegraph reported that MoneyGram will stake SOL and process transaction blocks, and has also joined Solana’s developer platform. MoneyGram said it integrated digital assets into its business about five years ago and now uses blockchain infrastructure and stablecoins across finance, product development and payments operations.

Crypto

Western Union\'s USDPT supported for trading on Bybit, expanding stablecoin strategy

Crypto exchange Bybit has begun supporting Western Union’s dollar-pegged stablecoin USDPT. The link marks USDPT’s first entry into a major crypto exchange and expands its use beyond payments to trading and transfers. The companies said USDPT can now be held, traded and sent on Bybit. USDPT was launched in May, issued by Western Union Digital with reserves held at Anchorage Digital Bank, and initially issued on Solana.