Visa and eligible partners can now settle VisaNet obligations in USDPT, the Western Union dollar stablecoin issued by Anchorage Digital Bank, Anchorage Digital said on November 12, 2026. USDPT is the first Anchorage-issued stablecoin that Visa supports as a native settlement asset, and the two companies have set up a framework to consider more.
Why it matters: Anchorage Digital Bank holds a federal charter and also issues USAT for Tether and ZLUSD for Zelle, so Visa partners that settle in stablecoins now have a token issued by a federally chartered US bank. Visa said in September that its annualised stablecoin settlement run rate had reached $20 billion, more than 15 times the year-earlier figure, and Western Union launched USDPT on Solana in May, starting in the Philippines and Bolivia.
Source: Anchorage Digital, November 12, 2026; The Block, November 12, 2026
Related: Visa adds Monad to its stablecoin settlement program · Western Union terminates its $500 million Intermex deal
Image: FASTILY, CC BY-SA 4.0, via Wikimedia Commons
