# Bybit Becomes First Major Crypto Exchange to Integrate Western Union's USDPT Stablecoin, Bridging Two Financial Worlds Through One Stablecoin

- Link: https://www.thailand-business-news.com/pr-news/bybit-becomes-first-major-crypto-exchange-to-integrate-western-unions-usdpt-stablecoin-bridging-two-financial-worlds-through-one-stablecoin
- Published: 2026-06-04T18:30:00+07:00
- Author: PR Newswire

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DUBAI, UAE, June 4, 2026 /PRNewswire/ — [Bybit](https://www.bybit.com/en/press),
the world’s second-largest cryptocurrency exchange by trading volume, and [Western Union](https://www.westernunion.com/),
the global money transfer network, today announced that its users can now access
[USDPT](https://www.westernunion.com/global/en/digital-assets-stablecoin.html), 
a US dollar–denominated stablecoin issued by Anchorage Digital Bank, N.A. on the
Solana blockchain, via Bybit’s fiat channels. This integration makes Bybit [the first major crypto exchange](https://announcements.bybit.com/en/article/bybit-and-western-union-bring-usdpt-to-latin-america-blte41dac699caf18e2/)
to join Western Union’s global USDPT network.

Through this launch, Bybit and Western Union are building the foundations for a 
deeper, faster, and compliant integration of digital assets into the broader financial
system. Starting with the onboarding of USDPT, Bybit and Western Union will expand
on digital asset utility and towards a more inclusive vision for the future of finance.

USDPT is issued by Anchorage Digital Bank, N.A., a US national trust bank. USDPT
is redeemable 1:1 for US dollars, and is fully backed by reserves. USDPT is designed
to operate within real-world payment systems, combining blockchain-based settlement
with Western Union’s global compliance, risk and distribution capabilities.

Bybit brings the exchange platform, fiat liquidity, and access to millions of users.
Western Union brings the stablecoin, the institutional backing, and one of the world’s
most established financial networks. Together, they open up a new way to buy and
sell USDPT in local currencies.

Bybit has been building the crypto infrastructure to address real-world financial
services gaps since 2018. USDPT, built on Solana and issued by Anchorage Digital
Bank, is where those two trajectories meet.

In practice, that means a new on- and off-ramp channel for USDPT in selected markets
across Latin America. Users can buy USDPT with supported fiat currencies on Bybit,
or convert holdings back to any of those currencies at any time.

"Making USDPT available through a leading global exchange like Bybit is a meaningful
step in extending Western Union’s network into the digital asset ecosystem," said**
Malcolm Clarke, Head of Digital Assets at Western Union**. "By connecting our global
payout infrastructure with a major crypto platform, we’re enabling more seamless
movement between digital value and real-world money. This is where we see the future
of settlement heading: always-on, programmable, and integrated across both traditional
and digital financial systems, with USDPT at the center as a trusted, regulated 
settlement asset."

"This product marks a meaningful step for crypto adoption. When an established financial
institution joins forces with a leading crypto exchange in a new stablecoin network,
it shows crypto’s potential as payment infrastructure. For the millions who depend
on remittances, USDPT represents financial innovation that solves real problems 
for real people," said **Victoria Kilikyan, Deputy Head of Fiat at Bybit**.

"Bybit and Western Union are setting a new standard for real-world crypto adoption
in Latin America. We’re building infrastructure for the future of the digital economy
by working with an established global network that millions of people already trust,"
said **Patricio Mesri, Country Manager of Spanish-speaking Latin America at Bybit**.

[⌊Bybit Becomes First Major Crypto Exchange to Integrate Western Union’s USDPT Stablecoin,
Bridging Two Financial Worlds Through One Stablecoin⌉⌊Bybit Becomes First Major 
Crypto Exchange to Integrate Western Union’s USDPT Stablecoin, Bridging Two Financial
Worlds Through One Stablecoin⌉[
Bybit Becomes First Major Crypto Exchange to Integrate
Western Union’s USDPT Stablecoin, Bridging Two Financial Worlds Through One Stablecoin

USDPT is now available on Bybit. To transact with USDPT, eligible users may simply
log into Bybit and select the token, if available to their account, and buy or sell
through [Bybit One-Click Buy](https://www.bybit.com/en/fiat/trade/express/home/buy/USDT/USD).

The simple flow slashes the time needed from USDPT purchase to fiat off-ramp from
days to minutes. Through the new channel, senders benefit from faster delivery of
funds and lower overall costs. For Western Union and Bybit, it streamlines operations
by removing settlement friction and capital lock-up across multiple layers.

USDPT was launched as part of Western Union’s broader digital asset strategy. The
innovation creates a new layer parallel to legacy settlement networks that operate
only on business days, enabling around-the-clock settlement.

Terms and conditions apply. For details on eligibility and potential restrictions,
and to learn more about how to trade USDPT on Bybit, users may visit: [**Bybit and Western Union bring USDPT to Latin America**](https://announcements.bybit.com/en/article/bybit-and-western-union-bring-usdpt-to-latin-america-blte41dac699caf18e2/)

_Disclaimer:_ USDPT is a digital asset issued by Anchorage Digital Bank, N.A.. USDPT
is not issued, backed, approved, or guaranteed by the US government. Bybit does 
not issue, back, or guarantee USDPT. Bybit provides only a virtual asset trading
platform and does not provide any remittance, foreign-exchange, cash, or money transfer
services.

#Bybit / #NewFinancialPlatform

**About Bybit**

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving
a global community of over 80 million users. Founded in 2018, Bybit is redefining
openness in the decentralized world by creating a simpler, open and equal ecosystem
for everyone. With a strong focus on Web3, Bybit partners strategically with leading
blockchain protocols to provide robust infrastructure and drive on-chain innovation.
Renowned for its secure custody, diverse marketplaces, intuitive user experience,
and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering
builders, creators, and enthusiasts to unlock the full potential of Web3. Discover
the future of decentralized finance at [Bybit.com](http://bybit.com/).

For more details about Bybit, please visit [Bybit Press](https://www.bybit.com/en/press)

For media inquiries, please contact: [media@bybit.com](https://www.thailand-business-news.com/pr-news/media@bybit.com)

For updates, please follow: [Bybit’s Communities and Social Media](https://www.bybit.com/en-us/promo/global/communities/)

[Discord](https://discord.gg/bybit) |[ Facebook](https://www.facebook.com/Bybit/)
|[ Instagram](https://www.instagram.com/bybit_official/?hl=en) |[ LinkedIn](https://www.linkedin.com/company/bybitexchange/)
|[ Reddit](https://www.reddit.com/r/Bybit/) |[ Telegram](https://t.me/s/Bybit_Announcements)
|[ TikTok](https://www.tiktok.com/@bybit_official?lang=en) |[ X](https://twitter.com/Bybit_Official)
|[ Youtube](https://www.youtube.com/c/bybit)

**About Western Union**

The Western Union Company (NYSE: WU) is committed to helping people around the world
who aspire to build financial futures for themselves, their loved ones and their
communities. Our leading cross-border, cross-currency money movement, payments and
digital financial services empower consumers, businesses, financial institutions
and governments—across more than 200 countries and territories and nearly 130 currencies—
to connect with billions of bank accounts, millions of digital wallets and cards,
and a global footprint of hundreds of thousands of retail locations. Our goal is
to offer accessible financial services that help people and communities prosper.
For more information, visit [www.westernunion.com](https://www.westernunion.com/).

WU-G
Media Relations:Amanda Demarest – [media@westernunion.com](https://www.thailand-business-news.com/pr-news/media@westernunion.com)

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  |  This article was produced by Cision PR Newswire, our trusted news partner. The views expressed and the content presented here are solely those of the author and may not fully reflect the opinions of Thailand Business News. |

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**Read the original article :** [Bybit Becomes First Major Crypto Exchange to Integrate Western Union's USDPT Stablecoin, Bridging Two Financial Worlds Through One Stablecoin ](http://www.prnasia.com/story/archive/4976075_AE76075_0?rand=184833)