Today, Anchorage Digital, an Institutional crypto bank, has partnered with Visa payments network. The partnership is meant to support stablecoins issued by Anchorage Digital Bank as settlement assets across Visa’s payment network. The collaboration will introduce $USDPT, a US dollar-backed stablecoin issued for Western Union. USDPT will allow Visa and eligible partners to settle their obligations through VisaNet.

The speed of a stablecoin. The trust of a federally regulated bank.

Anchorage Digital and @Visa are partnering to support select Anchorage Digital Bank issued stablecoins as native settlement assets on the Visa network, starting with USDPT, Western Union’s stablecoin.

Learn more ↓
https://t.co/C9KNjpNhC7

— Anchorage Digital ⚓️ (@Anchorage) November 12, 2026

Visa to Support More Stablecoins Issued by Anchorage Digital Bank

The partnership between Visa and Anchorage Digital marks the first time an Anchorage-issued stablecoin has received support on Visa’s network. The companies have now established a framework that will allow additional stablecoins issued by Anchorage Digital Bank to join the network in the future.

Anchorage Digital described the arrangement as combining the speed of stablecoin transactions with the regulatory oversight of a federally chartered bank. The partnership will provide institutional participants another option for settling payment obligations using blockchain assets.

Anchorage Expands Its Institutional Stablecoin Infrastructure

The partnership aligns with part of Anchorage Digital’s broader strategy. It aims to provide regulated banking and settlement services for institutional stablecoin markets. The company already issues several stablecoins for other firms. These assets include Tether’s USAT, OSL Group’s USDGO, and Ethena’s USDtb.

It also operates Atlas, a platform designed to support institutional off-exchange settlement and cross-border transfers. Adding Anchorage-issued stablecoins to Visa’s settlement infrastructure expands the potential reach of these services.

Visa Inc. Stock (V)

Visa has also been increasing its involvement in stablecoin payments and settlement. The latest partnership adds another dollar-backed digital asset to its network. For Western Union, the integration brings USDPT into a major global payments infrastructure. This will potentially support its plans to expand blockchain-based treasury and cross-border payment operations.

This development reflects growing collaboration between traditional payment companies and providers of regulated digital assets. By combining stablecoin settlement with federally supervised banking infrastructure, both these platforms are trying to make blockchain-based payments more accessible for their institutional partners.