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via CoinDesk · By CoinDesk Staff

Western Union’s Solana-based stablecoin could reshape its payment model, analyst says

SOL

SOL/USDT

$67.48

-0.60%

$67.48

-0.60%

(24s)

24h Volume

$3,545,876,206.32

24h H/L

$69.66 / $64.04

Change: $5.62 (8.78%)

Long/Short

78.2%

Long: 78.2%Short: 21.8%

Funding Rate

+0.0043%

Longs pay

Data provided by COINOTAG DATALive data

Solana

Daily

$67.72

▲ -

Volume (24h): -

Resistance Levels

Resistance 3$74.753

Resistance 2$71.5896

Resistance 1$68.3576

Price$67.72

Support 1$67.4267

Support 2$64.4939

Support 3$61.96

Pivot (PP):$67.7633

Trend:Downtrend

RSI (14):39.5

CoinDesk Staff

(05:22 PM UTC)

1 min read

Verified byEmily Watson

676 views

0 comments

Western Union launched USDPT, a dollar-backed stablecoin on Solana, issued by Anchorage Digital Bank, for 24/7 settlement with agents and partners.

Western Union's new Solana-based stablecoin, USDPT, may do more than speed up money transfers. It could also weaken the old lines between remittances, consumer payments and bank settlement, according to Angus Scott, founder of the Solana Research…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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