Crossmint, a platform known for building enterprise-grade stablecoin infrastructure, has announced a strategic partnership with Western Union to support the launch of USDPT, the company’s new U.S. dollar–denominated stablecoin. The stablecoin will be issued on the Solana network and will be integrated into Western Union’s newly introduced Digital Asset Network.
The Digital Asset Network is designed to bridge the gap between digital assets and traditional financial access. Through this network, users will be able to convert digital dollars into local currencies using Western Union’s vast global payout system, which includes more than 360,000 collection points worldwide. This approach aims to simplify how people access and use digital money while maintaining the reliability of established financial infrastructure.
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According to Rodrigo Fernández Touza, Co-Founder of Crossmint, stablecoins are rapidly becoming an essential tool for global financial operations. He emphasized that Western Union’s trusted payout network makes it an ideal partner for expanding the practical use of digital dollars. Touza noted that the collaboration will help connect stablecoin innovation with real-world financial accessibility across different regions.
As part of the collaboration, Crossmint plans to integrate directly with Western Union’s Digital Asset Network. The integration will also enable support for USDPT through Crossmint’s wallet and payment APIs. This will allow fintech developers and businesses to move funds instantly on Solana, store value in digital dollars, and access Western Union’s global payout options when needed.
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Malcolm Clarke, Vice President of Digital Assets at Western Union, highlighted that the Digital Asset Network was created to connect emerging digital value systems with the company’s long-established payment ecosystem. By partnering with Crossmint, Western Union aims to link global digital wallets and fintech platforms with its trusted infrastructure. The partnership will make it easier for Crossmint customers to access reliable cash pickup services in more than 200 countries and territories.
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The collaboration represents another step in the growing convergence between blockchain-based financial tools and traditional payment networks. As stablecoins continue to gain traction in cross-border payments and treasury management, partnerships like this demonstrate how digital currencies can be integrated into existing financial systems to improve speed, accessibility, and global reach.
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