USSTOCK.TODAY
Market Closed
Log in Sign up

Visa to support USDPT stablecoin payments for Western Union

CryptoProwl +1 · ·by G4L

WU
WU Western Union Company
$6.65 -1.19%
View chart & analysis →
V -1.23%
  1. 1Visa and eligible partners can settle obligations on VisaNet using Western Union's USDPT stablecoin issued by Anchorage Digital.
  2. 2Visa recorded a $20 billion annual stablecoin payment execution rate in September.
  3. 3Western Union plans to use USDPT for 24/7 payments across its network in more than 200 countries.

So what's the key point?

Visa can now use Western Union's new digital currency for payments. Visa is growing its scale, having processed $20 billion in stablecoin payments in September.

Source CryptoProwl +1 · View original ↗

Related 3-line summaries

Western Union declares halt to Intermex acquisition, while Intermex demands merger completion The Wall Street Journal +5 · yesterdayU.S. credit card balances hit record high of $1.29 trillion CNBC +2 · 2d agoVisa maintains profit growth with 459% total stock return over 10 years The Motley Fool +1 · 6d ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news