Crossmint, a platform for enterprise-grade stablecoin infrastructure, announced that it is partnering with Western Union to support the rollout of USDPT, Western Union's new U.S. dollar-denominated stablecoin that will be issued on Solana, and the company's newly announced Digital Asset Network. Western Union's Digital Asset Network is designed to link stablecoins to real-world cash access, allowing users to convert digital dollars into local currency through more than 360,000 collection points worldwide. As part of the partnership, Crossmint plans to integrate with Western Union's Digital Asset Network and support access to USDPT within its existing wallet and payment APIs.
Over time, this will help enable new fintech applications to move funds instantly on Solana, hold value in digital dollars, and connect to Western Union's payout options where available. This collaboration bridges digital value with real-world access, enabling Crossmint's customers to enjoy reliable cash pick-up options in more than 200 countries globally.
