Western Union Announces Solana USDPT Stablecoin
The USDPT announced in the companys Q1 earnings presentation will transform agent transactions on Solana infrastructure.ăăThe pilot project was announced in October 2025 and is in the final preparation phase. While creating a SWIFT alternative for agent settlements, Western Union is linking crypto wallets to its physical branches via Digital Asset Network (DAN); the first partnership is going live this week. McGranahan stated that DAN will enable millions of users to convert their assets to local currencies and is seeing strong demand.ăăSOL Technical Analysis: Current Price and Support LevelsăăSolana (SOL) is currently trading at 83.62 dollars, down 1.19% in the last 24 hours. RSI at 45.84 level is neutral, but showing downtrend and bearish Supertrend signal. EMA 20: pressure above 85.35 dollars. Strong supports: S1 82.85 dollars (â STRONG, 0.92% away), S2 80.81 dollars (â STRONG). Resistances: R1 84.69 dollars (â STRONG), R2 110.99 dollars. These data indicate that SOL demand may increase with the USDPT launch; SOL futures should be monitored.ăăExpanding Partnerships and Financial PerformanceăăAdjusted revenue reached 983 million dollars in the first quarter, down 1% year-over-year but improved 400 basis points compared to the fourth quarter. Additionally, collaboration with Mastercard and Worldpay on the Solana platform is expanding;