Western Union is set to launch its Solana-based stablecoin, USDPT, next month, according to CEO Devin McGranahan. The U.S. dollar-backed stablecoin aims to provide an alternative to SWIFT for settlements with agents, initially targeting select countries with key partners. In addition to USDPT, Western Union plans to introduce the Digital Asset Network, which will connect crypto wallets with its retail and agent network. The company also intends to roll out a USD Stable Card later this year, expanding its reach across multiple markets.