Western Union Partners with Fireblocks to Launch Stablecoin USDPT
Western Union has selected Fireblocks to provide infrastructure for its new stablecoin, USDPT, which will be used to expand financial services in the Philippines and Bolivia, with a global rollout planned through 2026. Fireblocks will manage wallet, settlement, and financial operations for the stablecoin, which is backed by the U.S. dollar. The move aims to improve access to stable value for customers in regions with limited banking access or currency volatility.
Tickers: $WU
Topics: digital assets financial infrastructure global expansion partnerships stablecoin