Anchorage Adds Western Union’s USDPT as a Settlement Asset on Visa

Anchorage Digital announced on November 12 a collaboration with Visa under which Western Union’s USDPT stablecoin becomes a native settlement asset on Visa’s network, The Block reported, citing a statement from Anchorage. Visa and eligible partners can use USDPT to settle VisaNet obligations.

Anchorage Digital, which holds a federal bank charter, will support select stablecoins that its bank issues as settlement assets. USDPT is the first. The companies are also creating a framework to consider additional Anchorage-issued stablecoins, The Block said.

USDPT launched in May 2026 on Solana, with Anchorage Digital Bank handling issuance and Fireblocks providing wallet and settlement infrastructure. Western Union first rolled it out in the Philippines and Bolivia and plans to use it for 24/7 settlement across its network of more than 200 countries, according to The Block. Anchorage also issues stablecoins for Tether (USAT), OSL Group (USDGO), Ethena Labs (USDtb), Falcon Finance (fUSD) and Zelle (ZLUSD).

Anchorage Chief Executive Nathan McCauley said that stablecoins have made money move faster, but speed alone will not bring institutions onchain.

The Block reported no quote from Visa or Western Union on the arrangement and did not independently verify its terms, so the details are company-reported by Anchorage. It also said Visa stated in September that its annualized stablecoin settlement run rate had reached $20 billion, a figure Visa itself supplied. The Block did not give a date for when partners can begin settling in USDPT.

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Sources:

• The Block: Visa adds Western Union’s USDPT stablecoin to its settlement network in Anchorage tie-up