Western Union, a global money transfer company, announced plans to launch a USD-pegged stablecoin called USDPT on the Solana blockchain in 2026. This move aims to improve cross-border payments and financial services by leveraging blockchain technology. The stablecoin will be backed 1:1 by US dollars to maintain a stable value.

Read more at Investing.com: Western Union plans USDPT stablecoin launch on Solana blockchain in 2026