Visa Adds Western Union’s USDPT Stablecoin to Settlement Network via Anchorage

The significance lies less in another stablecoin listing than in who is doing the clearing: a bank-chartered custodian standing between an issuer and Visa's settlement rails, which is the kind of structure that makes stablecoin settlement legible to regulated counterparties. It matters most for Western Union, whose remittance model depends on settlement speed and cost, and for Anchorage as it positions itself as infrastructure rather than a custody shop. With no launch date or volume disclosed, whether USDPT actually carries meaningful settlement flow, and whether other Anchorage-issued tokens follow, is the open question.