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[Western Union to Launch Stablecoin USDPT on Solana] According to Forbes, Western Union plans to launch the stablecoin USDPT on the Solana blockchain in May 2026. The stablecoin will be issued by Anchorage Digital Bank and integrated into a digital asset network to connect crypto wallets and exchanges. Analysts point out that the instant settlement capability of stablecoins could potentially weaken Western Union's traditional reliance on exchange rate spread income. The company's Q1 financial report shows net profit dropped 50% year-over-year to $65 million.

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