Browsing: USDPT

Major financial institutions including Citigroup and Western Union are accelerating stablecoin adoption for cross-border payments, driven by regulatory clarity from the GENIUS Act and technological advancements in blockchain infrastructure, while Bitcoin mining and lending sectors show significant transformation in the post-halving landscape.

Western Union has chosen the Solana blockchain for its stablecoin settlement system, including the USDPT token and Digital Asset Network, set to launch in H1 2026. This move aims to modernize cross-border remittances for over 150 million customers, leveraging blockchain for faster, cheaper transactions amid growing institutional adoption and regulatory clarity from the GENIUS Act.