DUBAI, UAE, June 4, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, and Western Union, the global money transfer network, today announced that its users can now access USDPT, a US dollar–denominated stablecoin issued by Anchorage Digital Bank, N.A. on the Solana blockchain, via Bybit's fiat channels. This integration makes Bybit the first major crypto exchange to join Western Union's global USDPT network.
Through this launch, Bybit and Western Union are building the foundations for a deeper, faster, and compliant integration of digital assets into the broader financial system. Starting with the onboarding of USDPT, Bybit and Western Union will expand on digital asset utility and towards a more inclusive vision for the future of finance.
USDPT is issued by Anchorage Digital Bank, N.A., a US national trust bank. USDPT is redeemable 1:1 for US dollars, and is fully backed by reserves. USDPT is designed to operate within real-world payment systems, combining blockchain-based settlement with Western Union's global compliance, risk and distribution capabilities.