Visa Adds Western Union Stablecoin USDPT as VisaNet Settlement Asset

November 13 — According to The Block, Anchorage Digital announced a partnership with Visa to make certain stablecoins issued by its federally chartered bank native settlement assets on the Visa network, with the Western Union stablecoin USDPT the first to be supported. Visa and eligible partners can now use USDPT to settle VisaNet obligations, and the two sides will also establish a framework to evaluate adding more stablecoins issued by Anchorage. USDPT was launched on Solana in May this year and is issued and custodied by Anchorage Digital Bank.