Western Union plans to launch a stablecoin on the Solana blockchain
Western Union, the 175-year-old remittances icon, has just revealed plans to launch its own U.S. dollar-backed stablecoin called USDPT (U.S. Dollar Payment Token), bypassing the Ethereum network for Solana. The move has been tagged the company's most significant foray into digital assets yet, and it comes after CEO Devin McGranahan revealed that Western Union was [...]