Visa and eligible partners can now settle VisaNet obligations using Western Union's USDPT stablecoin, Anchorage Digital said on November 12, 2026.
Anchorage Digital Bank, N.A. said it is collaborating with Visa to support select stablecoins issued by the federally chartered bank as native settlement assets on the Visa network, starting with USDPT. The Western Union token is the first Anchorage-issued stablecoin to be supported in that role. Anchorage said USDPT is fully backed by U.S. dollars and cash equivalents and is redeemable one-for-one.
Visa and eligible partners now have the option to use USDPT to settle VisaNet obligations. Dan Roesbery, Visa's vice president of global crypto partnerships, said the move gives partners another institution-grade settlement choice backed by a federally chartered bank. The firms also described a framework to explore support for additional Anchorage-issued stablecoins later; the announcement did not name other tokens or a settlement chain.
#Stablecoin #Visa #Payments
DYOR. Not financial advice.
Anchorage Digital Bank, N.A. said it is collaborating with Visa to support select stablecoins issued by the federally chartered bank as native settlement assets on the Visa network, starting with USDPT. The Western Union token is the first Anchorage-issued stablecoin to be supported in that role. Anchorage said USDPT is fully backed by U.S. dollars and cash equivalents and is redeemable one-for-one.
Visa and eligible partners now have the option to use USDPT to settle VisaNet obligations. Dan Roesbery, Visa's vice president of global crypto partnerships, said the move gives partners another institution-grade settlement choice backed by a federally chartered bank. The firms also described a framework to explore support for additional Anchorage-issued stablecoins later; the announcement did not name other tokens or a settlement chain.
#Stablecoin #Visa #Payments
DYOR. Not financial advice.
