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🇺🇸🤔 Traditional cross-border remittance giant Western Union’s CEO and President Devin McGranahan announced that its Solana-based, U.S. dollar-backed stablecoin USDPT is in the final stages of preparation and is expected to #launch next month. USDPT will serve as an alternative to SWIFT for settlements with agents, initially in select countries with key partners. Western Union will also #launch the Digital Asset #Network to connect #crypto wallets with its retail and #agent network, and plans to roll out a USD Stable Card later this year across dozens of markets. #stablecoin
#crypto