Bybit announces support for Western Union’s USDPT, bridging crypto and traditional finance

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04.06.2026

Bybit announces support for Western Union’s USDPT, bridging crypto and traditional finance — Bybit adds Western Union USDPT support

Bybit has announced the integration of Western Union's USDPT, a U.S. dollar–pegged stablecoin issued by Anchorage Digital Bank and built on the Solana blockchain, making it available for users across Latin America. This partnership aims to connect traditional finance systems with blockchain-based digital assets.

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Bybit has rolled out support for Western Union’s USDPT, a U.S. dollar-pegged stablecoin issued by Anchorage Digital Bank N.A., on its platform for users in Latin America. Bybit is described as the first major crypto exchange to integrate USDPT, which runs on the Solana blockchain and is fully backed 1:1 by U.S. dollar reserves held in bank deposits and U.S. Treasury assets.

According to published details, this integration forms part of a broader effort to link traditional finance with blockchain technologies, enabling around-the-clock on-chain settlements and connecting Western Union’s global payout network to digital assets. The infrastructure supporting USDPT involves partners such as Fireblocks, Dynamic, and TRES, and future expansions of the service are planned, including new consumer capabilities in additional countries.

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Bybit is a cryptocurrency exchange that focuses on derivatives trading and offers a proprietary platform integrated with TradingView for advanced market analysis and execution. The broker supports highly leveraged trading, transparent fees, copy trading for both spot and derivatives, and provides features such as 24/7 customer support and a crypto debit card for asset spending. For a comprehensive overview of its services and regulatory details, visit the broker profile on Traders Union.

For more background on this broker, see our earlier news about Bybit's community AMA session with Joe Wu, which explored risk management and trading discipline in traditional finance—details can be found in the previous Bybit update on Traders Union.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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