Western Union and Rain Take Stablecoins Mainstream Across Visa Network
PYMNTS reports that Western Union and Rain launched Stablecard in 37 markets, combining a USDPT wallet with a USDPT-backed Visa secured credit card. USDPT is issued by Anchorage Digital Bank on Solana; users can receive and hold dollar value and spend wherever Visa is accepted. Western Union says it plans to expand Stablecard to more than 60 markets by year-end.