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Anchorage Digital’s Stablecoins Can Now Settle Payments on Visa’s Network
Anchorage Digital and Visa have enabled Visa and eligible partners to settle obligations on VisaNet using Western Union’s USDPT stablecoin. The agreement makes USDPT the first Anchorage-issued token supported for settlement on Visa’s network and creates a framework for adding other Anchorage stablecoins, extending regulated digital assets into mainstream payments.
USDPT is pegged to the US dollar and issued and held in custody by Anchorage Digital Bank, a federally chartered bank overseen by the Office of the Comptroller of the Currency. The move builds on Visa’s broader stablecoin settlement efforts across networks including Base and Polygon. Anchorage also issues tokens such as USAT and USDtb, and provides custody and settlement services; the companies said further tokens could be added after USDPT.
In short
- USDPT can now settle obligations on VisaNet.
- It is the first Anchorage-issued token supported for this purpose.
- More Anchorage stablecoins could follow.