$SOL Western Union launches a payment network on Solana and is preparing its digital dollar - CoinSpot
📢 Western Union is rebuilding its business from scratch: from cash transfers to a full-fledged digital financial ecosystem.
🔥 The company is developing its own token, digital wallet, and global payment network based on the Solana blockchain to address a real problem for customers - the protection of purchasing power in high-inflation countries.
✔️ WUUSD — Western Union's own stablecoin, being developed in collaboration with Anchorage Digital Bank.
🕓 The first launch is expected already in 2026, and the token will operate on the Solana blockchain — due to its low fees, speed, and scalability.
🌍 The payment infrastructure will be unified in the Digital Asset Network (DAN) — a system for cross-border settlements, in which Western Union integrates partners worldwide.
All of this will be available through:
🟠digital wallet WU;
🟠its own network of service points;
🟠interfaces for B2B and B2C payments;
🟠exchange partners for buying and withdrawing funds.
AR's Opinion: This is a reboot of Western Union in crypto format. The network on Solana, branded token, settlement platform — all indicate that the company is preparing to compete not with banks, but with crypto ecosystems like Circle, Ripple, and Stellar. Especially in developing countries, where people need not just transfers but a stable store of value. Solana gains a strong institutional ally, and the crypto market sees yet another example of how Web3 is shifting from startups to infrastructure giants.$SOL
