Western Union Launches Stablecard With Visa and Rain

Western Union, one of the world’s largest remittance providers, serves about 100 million customers and moves more than $100 billion annually across over 200 countries and territories and roughly 130 currencies. Stablecard links that established money-transfer network with blockchain infrastructure and Visa’s acceptance footprint, allowing recipients to retain value in a dollar-denominated asset and spend it without first withdrawing cash. The product marks a significant step toward bringing stablecoins into routine cross-border payments.

Western Union launched the Stablecard wallet and payment card with Visa and stablecoin infrastructure provider Rain on August 4, 2026. The service uses USDPT, Western Union’s U.S. dollar-backed token issued by Anchorage Digital Bank on Solana. Initial availability includes Argentina, Colombia, Mexico and the Philippines, while the card program covers 37 markets and targets more than 60 by year-end. Customers can receive remittances in USDPT and spend the balance at about 175 million Visa merchant locations worldwide.