7D price · CoinGecko market data.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| Kraken | USDPT/USDT |
| $140.11K |
| 0.10% |
| TRADE |
| Gate | USDPT/USDT | $29.36K | 0.02% | TRADE |
| Kraken | USDPT/USD | $283.54 | 0.04% | TRADE |
Top 3 exchanges by 24h trading volume. Block Insider earns affiliate commission from some exchanges listed here. Placement does not affect editorial.
U.S. Dollar Payment Token (USDPT) is a fully reserved, USD-pegged stablecoin issued on the Solana blockchain by Western Union in partnership with Anchorage Digital Bank, a federally chartered crypto bank. USDPT functions as a payment token designed to facilitate real-time, low-cost global remittances and treasury operations within Western Union's existing network of over 400,000 agents worldwide.
The stablecoin is backed 1:1 by high-quality liquid assets held in bankruptcy-remote trusts, with monthly third-party attestations for transparency and compliance. It leverages Solana's Token-2022 extensions to enable programmable features such as transfer fees, confidential balances, and wallet-level controls while adhering to the GENIUS Act (2025) framework for regulated payment stablecoins.
USDPT enables just-in-time liquidity provisioning to agents, reducing pre-funding requirements and settlement times from days to seconds. It integrates with agent wallets for cash payouts and Digital Asset Network (DAN) partners for on-ramps and off-ramps, bridging traditional cash networks with blockchain rails.
The primary utility is efficient cross-border disbursements, treasury float optimization, and 24/7 money movement across Western Union entities and global bank/FI partners.
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