November 13, 20261 min read0 views

Visa and Anchorage Back Western Union’s USDPT for Network Settlement

Visa and Anchorage Digital are supporting Western Union’s USDPT as a settlement asset on Visa’s network, where annualized stablecoin settlement volume has reached $25 billion.

USDPT is issued by Western Union. Visa and eligible partners can use the token to settle payments on the network.

More than 225 stablecoin-linked card programs are active worldwide. Visa said its…

Reading Level🟢BeginnerNo prior crypto knowledge needed

Listen to this article

Visa and Anchorage Digital are supporting Western Union’s USDPT as a settlement asset on Visa’s network, where annualized stablecoin settlement volume has reached $25 billion.

USDPT is issued by Western Union. Visa and eligible partners can use the token to settle payments on the network.

More than 225 stablecoin-linked card programs are active worldwide. Visa said its stablecoin settlement volume had risen to 10 times its previous level.

The $25 billion annualized pace and the card-program count measure different parts of Visa’s stablecoin business, as TokenPost previously explained.