Western Union, which built the first transcontinental telegraph line in 1861, plans to launch a dollar-backed stablecoin to let its 100 million customers send money internationally detached from local currency fluctuations and risks. Dubbed the U.S. Dollar Payment Token, or USDPT, the stablecoin will be built on the Solana blockchain and issued by Anchorage Digital Bank. The digital token is expected to launch in the first half of 2026, and customers will be able to access it through Western Union’s partner exchanges.