Visa Adds Western Union’s USDPT to Its Settlement Network

Visa and Anchorage Digital said eligible partners can use Western Union’s USDPT stablecoin to settle obligations on VisaNet, adding the token to Visa’s settlement network and establishing a framework to consider other Anchorage-issued tokens.

Anchorage Digital Bank issues and holds USDPT, a dollar-pegged stablecoin Western Union launched in May 2026. The companies described the Visa arrangement as beginning with USDPT; it does not mean that all Anchorage-issued tokens are already supported. Anchorage’s announcement identified Solana as USDPT’s launch blockchain, but did not specify which network will process settlement through VisaNet.

Visa said its annualized stablecoin settlement run rate had exceeded $20 billion and was more than 15 times the year-earlier level. That figure is a company-reported measure of the pace of settlement, not the total processed in a year or the volume of USDPT transactions. Visa separately reported a run rate above $25 billion during an October 27 earnings call, reflecting a later measurement.

The arrangement adds a settlement use for USDPT beyond Western Union’s separately announced consumer card offering. Western Union has described the token as...