Visa Adds Western Union’s USDPT Stablecoin To Its Settlement Network Through Anchorage Partnership

• Visa has partnered with Anchorage Digital to support Western Union’s USDPT stablecoin on its settlement network.
• Eligible partners can use USDPT to settle their payment obligations on VisaNet.
• The partnership is part of Anchorage’s wider plan to become a settlement bank for institutional stablecoin transactions.

Visa Expands Stablecoin Settlement Capabilities With Anchorage Digital

Visa is extending its stablecoin settlement capabilities by partnering with Anchorage Digital to support specific stablecoins issued by Anchorage Digital Bank on Visa’s payment network, starting with USDPT from Western Union.

The speed of a stablecoin. The trust of a federally regulated bank.

Anchorage Digital and @Visa are partnering to support select Anchorage Digital Bank issued stablecoins as native settlement assets on the Visa network, starting with USDPT, Western Union’s stablecoin.

Learn more ↓
https://t.co/C9KNjpNhC7

— Anchorage Digital ⚓️ (@Anchorage) November 12, 2026

This means Visa and qualifying partners will be able to utilise USDPT for settlement of obligations on VisaNet. This is an important move as it means the stablecoin is being supported on Visa’s settlement network and was issued by a regulated bank within the US. It also means financial institutions have another option for blockchain-based payments.

The two companies will also look to support more stablecoins in the future issued by Anchorage Digital Bank, the company said.

USDPT From Western Union

USDPT was launched on the Solana blockchain in May, with Anchorage Digital Bank responsible for its issuance. Wallet and settlement infrastructure is provided by Fireblocks.

USDPT was launched by Western Union in the Philippines and Bolivia. The company plans to use USDPT for 24/7 settlement within its network which spans over 200 countries.

Anchorage Digital has also issued stablecoins for other companies, including Tether, OSL Group, Ethena Labs, Falcon Finance and Zelle. It is slowly moving away from just providing digital token issuance and wants to provide more services to financial institutions.

Visa Moves Further Into Blockchain Payments

This partnership comes as Visa continues to move further into blockchain-based payments. In September the company said it had seen its stablecoin settlement run rate grow to $20 billion annually, up over 15x from a year ago. Visa has also added various blockchain networks to its settlement options. These include Monad, Canton, Base and Tempo.

This deal marks another step forward for Anchorage Digital in becoming a settlement bank for stablecoins. The company wants to offer a full service for institutions, including issuance, custody and settlement.

This highlights how traditional payment providers are looking at stablecoins as a way to speed up financial transactions. However, having regulated banking institutions involved is key to gaining confidence from large financial firms.

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