Western Union Launches Stablecard Stablecoin Visa Card

TechFlow News, August 6. According to Cointelegraph, Western Union partnered with stablecoin infrastructure provider Rain to launch Stablecard, a digital wallet and Visa card supporting the USD stablecoin USDPT, which has launched in 37 markets and plans to expand to over 60 markets by the end of the year.

USDPT is issued by Anchorage Digital Bank on the Solana blockchain. Users can deposit Western Union remittances directly into USDPT wallets, transfer to compatible crypto wallets or exchanges, and spend at Visa-accepting merchants globally, including payments via Apple Pay and Google Pay. The product is primarily aimed at remittance recipients and consumers in countries with currency volatility, helping them save in USD-denominated digital assets while completing daily transactions through existing payment networks.