Western Union Launches Stablecard Built on Rain Stablecoin Infrastructure

News Editor

2026-08-04 12:33:52

Western Union has officially launched Stablecard, a Visa-integrated payment card powered by Rain's stablecoin infrastructure. The card enables users to receive USDPT, a stablecoin issued by Anchorage Digital Bank on Solana, and spend it instantly at Visa-accepting merchants worldwide or withdraw cash as needed. The initial rollout covers 37 markets, with Western Union planning to expand to more than 60 markets by the end of the year. According to the company, stablecoin support will lower the need for pre-funded capital in cross-border remittances, improve capital efficiency, and pave the way for additional digital financial services. The new product highlights how established remittance providers are integrating blockchain-based settlement into mainstream payment flows, leveraging Solana for issuance and Visa's global network for point-of-sale spending.

Western Union has launched Stablecard, a new payment card built on Rain's stablecoin infrastructure. The card lets users directly receive USDPT, a stablecoin issued by Anchorage Digital Bank on Solana, and spend it instantly at any merchant that accepts Visa worldwide. Cash withdrawal is also available. Stablecard is initially available in 37 markets, with Western Union aiming to expand to more than 60 markets by the end of the year. The company says stablecoins will help reduce pre-funded capital requirements for cross-border remittances, improve capital efficiency, and support the rollout of more digital financial services.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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