Western Union U.S. Dollar Payment Token

(USDPT)

Onchain Marketcap-

Active Marketcap-

DeFi Active TVL$0

Chains1

Token Properties

CategoryFiat Stablecoins

Asset ClassUSD Stable

TypeAsset

RWA ClassificationRWA

Access ModelPermissionless

Parent PlatformWestern Union

Classification

RedeemableIndicates whether the token can be redeemed for underlying assets

KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)

TransferableIndicates whether the token can be transferred freely between on chain addresses

Self CustodyIndicates whether the token can be held in a user controlled wallet

AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing

Issuer Information

IssuerAnchorage Digital Bank, N.A.

Registry InformationAnchorage Digital Bank, N.A. is the first US federally chartered crypto bank, holding an OCC national trust bank charter granted January 2021. Issues USDPT under its US bank charter on behalf of The Western Union Company (NYSE: WU).

Sourcehttps://www.anchorage.com/insights/anchorage-digital-western-union-partner-launch-usdpt-federally-regulated-stablecoin-solana

Attestations

Date of Last Attestation

Attestation Frequency

View AttestationsThird-party verification reports

Notes

  • USDPT (U.S. Dollar Payment Token) is Western Union's USD-pegged payment stablecoin issued by Anchorage Digital Bank, N.A. and launched on Solana on May 4, 2026. USDPT is fully backed 1:1 by US dollars held by Anchorage Digital Bank as reserve custodian, who holds short-duration US dollar instruments to back every USDPT in circulation. The token is the foundation of Western Union's Digital Asset Network, connecting licensed virtual currency exchanges and custodians to Western Union's global payout and liquidity infrastructure across more than 550,000 agent locations in 150+ countries. Initial rollout markets are the Philippines and Bolivia. Use cases include treasury and agent settlement (near-instant 24/7 settlement between Western Union and global agents), global exchange support via licensed virtual currency exchanges, and the consumer-facing Stable by Western Union product launching in 40+ countries in 2026. Reserve composition and attestation cadence not yet publicly disclosed. Custody and tokenization technology powered by Fireblocks.

Chains

Solana

Solana

Primary