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Crypto

Western Union launches stablecoin wallet and Visa card in 37 markets

Western Union has launched a digital wallet and a Visa-branded card in 37 markets that let users hold, send and spend a dollar-pegged stablecoin. Cointelegraph reported the company partnered with stablecoin infrastructure firm Rain to introduce the “Stablecard.” The product supports USDPT, a dollar-pegged stablecoin on the Solana blockchain issued by Anchorage Digital Bank. Western Union plans to expand availability to more than 60 markets by year-end.

Crypto

Solana tops wallet holders for tokenised real-world assets, shakes up tokenisation race

Solana has ranked first among major blockchains by the number of wallets holding tokenised real-world assets, according to RWA.xyz data cited by Cryptopolitan. Solana had 285,971 wallets, about 31 percent of holders across 35 networks, and its holder count rose 29.3 percent in 30 days. Ethereum led in total decentralised RWA value at $16.3 billion. Solana’s transfer volume rose, alongside new tokenised credit and equity products and growing stablecoin use.

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.