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News  ›  The Motley Fool

Western Union Is Teaming Up With Solana. Here's What You Need to Know

The Motley Fool Logo The Motley Fool By Alex Carchidi
Western Union Is Teaming Up With Solana. Here's What You Need to Know

Western Union plans to launch a new stablecoin called U.S. Dollar Payment Token (USDPT) on the Solana blockchain in 2026, aiming to reduce transaction fees and settlement times for global money transfers.

Insights
KO   positive

Included as a reliable dividend stock in the ETF's portfolio


WU   positive

The company is modernizing its business model by adopting blockchain technology, potentially reducing costs and improving cross-border transfer efficiency