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Western Union to launch USDPT stablecoin on the Solana blockchain
Invezz· 2025-10-28 19:10
Group 1 - The core point of the article is that Western Union has officially announced the launch of a US dollar-backed stablecoin for cross-border payments, following weeks of speculation about this initiative [1] Group 2 - The stablecoin will facilitate faster and more efficient money transfers, enhancing Western Union's service offerings in the digital payment space [1] - This move aligns with the growing trend of traditional financial institutions exploring blockchain technology and digital currencies to improve their operations [1]
X @ZKsync
ZKsync (∎, ∆)· 2025-10-28 18:44
Real time ZK is a breakthrough technology, and offers ways to extend the verifiability that is core to public blockchains.This is how we build incorruptible financial infrastructure. ...
X @Andy
Andy· 2025-10-28 18:23
Blockchain & FX Market - Arc is building to capture the $8 trillion daily FX market on chain [1] - The key missing elements were the right blockchain, issuers ready to deploy, and the ecosystem to facilitate the process [1] - The goal is to enable money to flow more freely [1]
Western Union to Launch Stablecoin on Solana With Anchorage Digital
Yahoo Finance· 2025-10-28 18:16
Core Viewpoint - Western Union is set to launch a stablecoin, the U.S. Dollar Payment Token (USDPT), for its 100 million-user payment network, marking its entry into blockchain technology for global transfers [1][3]. Group 1: Company Developments - The USDPT will be issued by Anchorage Digital, a federally regulated digital asset bank, utilizing the Solana network for low-cost and fast settlements [2]. - Western Union's CEO, Devin McGranahan, emphasized that this partnership will enhance the efficiency and inclusivity of payments globally [3]. Group 2: Industry Context - The stablecoin market, valued at $300 billion, is increasingly integrated into global payment systems, providing a cheaper and faster alternative to traditional payment methods [3]. - The adoption of stablecoins has been supported by regulatory advancements in the U.S., such as the GENIUS Act, which clarifies regulations for the sector [3]. - Competitors like MoneyGram and PayPal are also incorporating stablecoins into their services, with PayPal's stablecoin reaching a valuation of $2.7 billion since its launch in 2023 [4].
X @Blockchain.com
Blockchain.com· 2025-10-28 17:58
https://t.co/4OUDpUXgLy ...
X @Ethereum
Ethereum· 2025-10-28 17:51
RT ziskvm (@ziskvm)ZisK has reached a major proving milestone for Ethereum.All Ethereum blocks are now being proven in real time, with an average proof time of about 7.5s ...
Western Union Announces USDPT Stablecoin on Solana and Digital Asset Network
Businesswire· 2025-10-28 17:15
Core Insights - Western Union plans to launch a new stablecoin, U.S. Dollar Payment Token (USDPT), and a Digital Asset Network to enhance money movement globally [1][3] - The initiative aims to bridge digital and fiat currencies, providing real-world utility for digital assets [1][2] - USDPT is expected to be available in the first half of 2026, with access through partner exchanges [3] Digital Asset Network - The Digital Asset Network will integrate Western Union's global digital footprint with Solana's blockchain technology and Anchorage Digital's stablecoin issuance platform [2][4] - This network aims to provide users with seamless access to digital assets, enabling sending, receiving, spending, and holding of USDPT [2][3] Strategic Vision - Western Union's collaboration with Solana and Anchorage Digital is focused on modernizing financial infrastructure and promoting global digital asset adoption [4] - The company emphasizes safety and reliability in customer experience through institutional-grade security measures and compliance protocols [4] Market Impact - The introduction of USDPT and the Digital Asset Network is anticipated to reshape global money movement, linking currencies like the U.S. dollar to local spending needs [5] - The initiative aims to facilitate compliant and secure digital transactions across borders, enhancing trust and reducing costs [5]
X @Yuyue Ⓜ️Ⓜ️T
Yuyue· 2025-10-28 17:14
RT Galxe (@Galxe)Galxe is supporting The Blockchain 100 Awards, presented by @binanceWe’ve nominated creators who are shaping the future of crypto @yuyue_chris @Ice_Frog666666 @thecryptoskanda @Bitwux @jason_chen998 @ai_9684xtpa @KuiGasVote to show your supporthttps://t.co/eB0nHhZCB0 ...
BLAQclouds Integrates APEChain and APECoin
Globenewswire· 2025-10-28 17:11
Core Insights - Blaqclouds, Inc. has announced the integration of APEChain and APECoin, enhancing its Web3 infrastructure offerings [1] - The company participated as a Platinum Sponsor at ApeGames during ApeFest, fostering strategic partnerships to boost real-world adoption of its platforms [2] - APEChain is a Layer 3 blockchain designed for culture, commerce, and community utility, offering speed, scalability, and interoperability [3] Company Overview - Blaqclouds, Inc. aims to bridge traditional finance with decentralized ecosystems, focusing on real-world blockchain applications that simplify commerce and payments [5] - The company’s flagship applications include ZEUSxPay, ShopWithCrypto, and Apollo Wallet, which facilitate various crypto-related transactions [7][8] Technology and Integration - APEChain provides an ultra-efficient, EVM-compatible framework that allows developers and brands to deploy applications with minimal gas fees and rapid transaction speeds [3][4] - The integration of APEChain within the Blaqclouds ecosystem combines payments, DeFi, digital identity, and ownership into a single interoperable layer, making blockchain innovation more accessible [4]
X @Solana
Solana· 2025-10-28 17:08
RT *Walter Bloomberg (@DeItaone)Western Union to Launch Stablecoin in 2026 -- WSJWestern Union to Build Stablecoin on Solana Blockchain, Issue With Anchorage -- WSJWestern Union to Launch Digital Asset Network of Wallet Providers -- WSJ ...