Western Union Launches Solana-Powered Stablecard On Rain
19 Articles
19 Articles
Stablecard Launches as Western Union Partners With Rain
Stablecard is a new USDPT-backed Visa card from Western Union and Rain, live in 37 markets as of August 4, 2026. It lets customers hold and spend U.S. dollar value through Visa, with expansion to 60+ markets planned by year-end.
Western Union Links Remittances, Stablecoin Spending With Stablecard
Western Union is bringing stablecoins into everyday payments with the launch of Stablecard in 37 markets. Developed with Rain, Stablecard combines a digital USDPT wallet with a Visa secured credit card linked to the U.S. dollar stablecoin. USDPT is issued by Anchorage Digital Bank on the Solana blockchain. It is redeemable one-for-one for U.S. dollars and is fully backed by reserves. The Stablecard app allows users to receive Western Union money…
Western Union Launches Stablecard, Betting Its $107B Network on Solana Instead of Itself
For decades, Western Union maintained its dominance through a proprietary, closed-loop network of 360,000 agent locations – a system built on physical presence and legacy clearing that processed $107.4 billion in cross-border principal last fiscal year. On August 4, the company launched Stablecard in partnership with Rain, routing consumer value onto the Solana blockchain through USDPT, a stablecoin issued by Anchorage Digital Bank N.A. When the…
Western Union Launches Solana-Powered Stablecoin Card Across 37 Markets
TL;DR: Integration in 37 markets: The card operates linked to the USDPT token on the Solana network and allows payments at any global establishment enabled for the Visa network. Current circulating supply of USDPT: The stablecoin issued by Anchorage Digital Bank records 7.4 million tokens in circulation distributed among 162 addresses on the blockchain. Financial results for Q2 2026: The company’s GAAP revenue fell 1% year-over-year to $1.0 bil…
Western Union Launches Solana-Powered Stablecard On Rain
Western Union launched Stablecard, which combines the functionality of a USDPT-backed digital wallet and Visa credit card. The USDPT stablecoin, powered by Solana, maintains a 1:1 peg with the US dollar. Western Union, a global money transfer service, and Rain, a stablecoin infrastructure provider, have jointly announced the launch of Stablecard on Tuesday. The product modernizes the remittance giant’s cross-border money movement by offering con…
Western Union Launches Stablecard with Rain for Global Dollar Spending | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
On Tuesday, Western Union launched Stablecard, a digital wallet and stablecoin-backed Visa secured credit card developed with Rain that allows consumers to hold, move and spend US dollar value around the world. The card is said to let users store value in USDPT, a US dollar stablecoin, in a secure digital wallet and spend it anywhere Visa is accepted. USDPT is issued by Anchorage Digital Bank on the Solana blockchain, is redeemable one-to-one fo…
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