Fireblocks will provide the wallet, settlement, and financial operations infrastructure for Western Union&#39;s digital dollar, extending access and creating the foundation for a broader set of financial services to

Fireblocks will provide the wallet, settlement, and financial operations infrastructure for Western Union&#39;s digital dollar, extending access and creating the foundation for a broader set of financial services to consumers in the Philippines and Bolivia, with global rollout planned through 2026.    NEW YORK and DENVER, May 4, 2026 /PRNewswire/ -- Western Union (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/WU">WU</a>) today announced it has selected <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4679289-1&amp;h=1774378900&amp;u=https%3A%2F%2Fwww.fireblocks.com%2F&amp;a=Fireblocks" target="_blank" rel="nofollow">Fireblocks</a>, the enterprise platform securing more than $14 trillion in digital asset transactions, to provide the core infrastructure behind USDPT, Western Union&#39;s U.S. dollar-backed stablecoin. Fireblocks&#39; platform, along with Dynamic&#39;s embedded wallet and TRES&#39; financial platform, both recently acquired by Fireblocks, will power Western Union&#39;s ability to settle with agents in USDPT across Western Union&#39;s global network this year.
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Western Union has built its business on giving people fast, reliable access to money across borders. USDPT carries that legacy onto stablecoin rails. Fireblocks provides the unified infrastructure that lets Western Union operate USDPT at scale and better serve customers who live in markets where access to U.S. dollars is limited, local currencies are volatile or formal banking is out of reach. With USDPT, they will be able to hold value in dollars, choose when and how to convert into local currency and use those balances for spending and transfers across Western Union&#39;s network.&#34;Stablecoins are the foundation of how we deliver the next generation of settlement and consumer services in an evolving digital ecosystem,&#34; said Malcolm Clarke, Global Head of Digital Assetsat Western Union. &#34;It puts a programmable dollar into our vast ecosystem and provides Western Union a platform from where we can continue to deliver customer utility and value. Working with Fireblocks, Dynamic and TRES provide a key part of our infrastructure enabling us to operationalize safely and securely at scale from day one.&#34;The Infrastructure Powering USDPT Western Union is building USDPT treasury operations on the Fireblocks platform, which delivers the wallet, settlement and financial operations layer required to launch a regulated stablecoin program across a global consumer network.<ul xmlns="http://www.w3.org/1999/xhtml" type="disc"><li xmlns="http://www.w3.org/1999/xhtml">Fireblocks is the treasury bridge giving Western Union end-to-end control over USDPT&#39;s flow from treasury operations to tellers and consumers. The platform provides custody, policy controls and the Payments Engine for issuance and movement, with the Fireblocks Network connecting Western Union to 2,400+ institutional counterparties across 100+ countries for liquidity and settlement.</li><li xmlns="http://www.w3.org/1999/xhtml">Dynamic delivers the non-custodial embedded wallets that hold USDPT for Western Union&#39;s agents. These secured wallets are the basis for the additional services WU could deploy over time..</li><li xmlns="http://www.w3.org/1999/xhtml">TRES consolidates onchain data from across Western Union&#39;s USDPT stack, including wallet operations, treasury management and qualified custody, and translates it into the SWIFT MT940 and MT942 bank statement formats Western Union&#39;s treasury and finance systems already run on. The output flows directly into existing financial reporting cycles, letting USDPT operate inside Western Union&#39;s day-to-day reporting environment from launch.</li></ul>&#34;Remittance and cross-border payments are where stablecoin infrastructure proves its value in production,&#34; said Ran Goldi, SVP Payments and Network at Fireblocks. &#34;Western Union operates one of the most complex global money movement networks in the world. Operationalizing a digital dollar across that network requires wallet infrastructure, settlement connectivity, and financial operations that work with the systems Western Union already runs. That is what Fireblocks, Dynamic and TRES deliver together.&#34;Global Rollout USDPT operations on Fireblocks will roll out initially across two markets, the Philippines and Bolivia, with expansion across Western Union&#39;s global network through 2026. The rollout aligns with Western Union&#39;s broader strategy to modernize its settlement infrastructure and strengthen its competitive position as the global payments industry moves onchain.&#34;Every major shift in financial services requires infrastructure that can keep pace,&#34; said Michael Shaulov, CEO and Co-Founder of Fireblocks. &#34;Western Union has operated the rails of global money movement for more than 170 years. Building USDPT on Fireblocks represents a generational modernization of that infrastructure, and we&#39;re proud to be the platform they&#39;ve chosen to build it on.&#34;About Fireblocks Fireblocks is the world&#39;s most trusted digital asset infrastructure company, empowering organizations of all sizes to build, manage and grow their business on the blockchain. With the industry&#39;s most scalable and secure platform, we streamline stablecoin payments, settlement, custody, tokenization, trading, accounting operations, and compliance reporting, enabling everything from institutional finance to consumer-facing digital experiences across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges and custodians. Thousands of organizations, including Worldpay, BNY, Galaxy, and Revolut, trust Fireblocks to secure more than $14 trillion in digital asset transactions across 150+ blockchains. Learn more at <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4679289-1&amp;h=2802082532&amp;u=http%3A%2F%2Ffireblocks.com%2F&amp;a=fireblocks.com" target="_blank" rel="nofollow">fireblocks.com</a>.About Western Union The Western Union Company (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/WU">WU</a>) 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 over 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 <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4679289-1&amp;h=3554883562&amp;u=https%3A%2F%2Fcts.businesswire.com%2Fct%2FCT%3Fid%3Dsmartlink%26url%3Dhttp%253A%252F%252Fwww.westernunion.com%26esheet%3D54346648%26newsitemid%3D20251028647920%26lan%3Den-US%26anchor%3Dwww.westernunion.com%26index%3D1%26md5%3D5cd1a4b5ede60d04cc8dcc70ab954749&amp;a=www.westernunion.com" target="_blank" rel="nofollow">www.westernunion.com</a>.



<img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=NY49733&amp;sd=2026-05-04"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/western-union-selects-fireblocks-to-power-its-first-stablecoin-usdpt-302760774.html" target="_blank">https://www.prnewswire.com/news-releases/western-union-selects-fireblocks-to-power-its-first-stablecoin-usdpt-302760774.html</a>SOURCE Fireblocks

Western Union Selects Fireblocks to Power its First Stablecoin, USDPT

Western Union Expands Offerings with Fireblocks for Digital Dollar Infrastructure


Western Union (NYSE:WU) today announced the launch of USDPT, its U.S. dollar‑denominated payment stablecoin, marking a major milestone in the company&#39;s evolution toward regulated, digital‑first financial

Western Union Launches USDPT on Solana Advancing Regulated Digital Infrastructure for Global Payments

<section class="insight" data-version="1">
 <section data-block="information">
 <h3>Information</h3>
 Fireblocks will provide the wallet, settlement, and financial operations infrastructure for Western Union&amp;#39;s digital dollar, extending access and creating the foundation for a broader set of financial services to
 </section>

 <section data-block="ai-summary-paragraph">
 <h3>AI Summary</h3>
 Western Union has selected Fireblocks to provide the infrastructure for its USDPT stablecoin, aiming to enhance financial access in the Philippines and Bolivia. This initiative signals a significant modernization of Western Union&#039;s services, with global expansion anticipated through 2026, potentially boosting revenue streams in key markets.
 </section>

 <section data-block="ai-summary-bullets">
 <h3>Key Points</h3>
 <ul><li>Western Union partners with Fireblocks for its digital stablecoin infrastructure.</li><li>USDPT aims to enhance financial services in the Philippines and Bolivia.</li><li>Global rollout planned through 2026 to modernize WU&#039;s settlement systems.</li><li>Stablecoin adoption supports customers in volatile local currencies or limited banking.</li><li>Infrastructure includes wallets and financial operations for seamless transactions.</li></ul>
 </section>

 <section data-block="companies-mentioned">
 <h3>Companies Mentioned</h3>
 <ul><li>Fireblocks (N/A): Provides infrastructure for Western Union&#039;s USDPT stablecoin.</li><li>Dynamic (N/A): Supplies embedded wallet technology for USDPT.</li><li>TRES (N/A): Delivers financial data management for USDPT operations.</li></ul>
 </section>

 <section data-block="category">
 <h3>Corporate Developments</h3>
 This news fits under &#039;Corporate Developments&#039; as it highlights Western Union&#039;s strategic move towards digital financial services. The partnership with Fireblocks signifies a critical step in modernizing their infrastructure and adapting to the evolving digital payments landscape.
 </section>

 <section data-block="market-moving">
 <h3>Market-Moving</h3>
 <ul><li>Partnership with Fireblocks expected to streamline digital transactions and enhance revenue.</li><li>Stablecoin infrastructure may attract new customers in underbanked markets.</li><li>Strategic rollout may provide competitive advantage in the evolving digital payment sector.</li><li>Market reaction anticipated as details of USDPT rollout develop further.</li></ul>
 </section>

 <section data-block="key-facts">
 <h3>Key Facts</h3>
 <ul><li>Fireblocks secures $14 trillion in digital asset transactions.</li><li>Initial USDPT rollout in the Philippines and Bolivia by 2026.</li><li>USDPT promotes stablecoin adoption in volatile markets.</li><li>Western Union leverages existing payment infrastructure for USDPT integration.</li><li>Over 2,400 institutional counterparts connected for liquidity and settlement.</li></ul>
 </section>

 <section data-block="trading-thesis">
 <h3>Trading Thesis</h3>
 Buy WU as USDPT pushes revenue growth through enhanced digital offerings in emerging markets over the next 12-24 months.
 </section>
</section>


Fireblocks will provide the wallet, settlement, and financial operations infrastructure for Western Union&#39;s digital dollar, extending access and creating the foundation for a broader set of financial services to consumers in the Philippines and Bolivia, with global rollout planned through 2026.    NEW YORK and DENVER, May 4, 2026 /PRNewswire/ -- Western Union (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/WU">WU</a>) today announced it has selected <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4679289-1&amp;h=1774378900&amp;u=https%3A%2F%2Fwww.fireblocks.com%2F&amp;a=Fireblocks" target="_blank" rel="nofollow">Fireblocks</a>, the enterprise platform securing more than $14 trillion in digital asset transactions, to provide the core infrastructure behind USDPT, Western Union&#39;s U.S. dollar-backed stablecoin. Fireblocks&#39; platform, along with Dynamic&#39;s embedded wallet and TRES&#39; financial platform, both recently acquired by Fireblocks, will power Western Union&#39;s ability to settle with agents in USDPT across Western Union&#39;s global network this year.
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Western Union has built its business on giving people fast, reliable access to money across borders. USDPT carries that legacy onto stablecoin rails. Fireblocks provides the unified infrastructure that lets Western Union operate USDPT at scale and better serve customers who live in markets where access to U.S. dollars is limited, local currencies are volatile or formal banking is out of reach. With USDPT, they will be able to hold value in dollars, choose when and how to convert into local currency and use those balances for spending and transfers across Western Union&#39;s network.&#34;Stablecoins are the foundation of how we deliver the next generation of settlement and consumer services in an evolving digital ecosystem,&#34; said Malcolm Clarke, Global Head of Digital Assetsat Western Union. &#34;It puts a programmable dollar into our vast ecosystem and provides Western Union a platform from where we can continue to deliver customer utility and value. Working with Fireblocks, Dynamic and TRES provide a key part of our infrastructure enabling us to operationalize safely and securely at scale from day one.&#34;The Infrastructure Powering USDPT Western Union is building USDPT treasury operations on the Fireblocks platform, which delivers the wallet, settlement and financial operations layer required to launch a regulated stablecoin program across a global consumer network.<ul xmlns="http://www.w3.org/1999/xhtml" type="disc"><li xmlns="http://www.w3.org/1999/xhtml">Fireblocks is the treasury bridge giving Western Union end-to-end control over USDPT&#39;s flow from treasury operations to tellers and consumers. The platform provides custody, policy controls and the Payments Engine for issuance and movement, with the Fireblocks Network connecting Western Union to 2,400+ institutional counterparties across 100+ countries for liquidity and settlement.</li><li xmlns="http://www.w3.org/1999/xhtml">Dynamic delivers the non-custodial embedded wallets that hold USDPT for Western Union&#39;s agents. These secured wallets are the basis for the additional services WU could deploy over time..</li><li xmlns="http://www.w3.org/1999/xhtml">TRES consolidates onchain data from across Western Union&#39;s USDPT stack, including wallet operations, treasury management and qualified custody, and translates it into the SWIFT MT940 and MT942 bank statement formats Western Union&#39;s treasury and finance systems already run on. The output flows directly into existing financial reporting cycles, letting USDPT operate inside Western Union&#39;s day-to-day reporting environment from launch.</li></ul>&#34;Remittance and cross-border payments are where stablecoin infrastructure proves its value in production,&#34; said Ran Goldi, SVP Payments and Network at Fireblocks. &#34;Western Union operates one of the most complex global money movement networks in the world. Operationalizing a digital dollar across that network requires wallet infrastructure, settlement connectivity, and financial operations that work with the systems Western Union already runs. That is what Fireblocks, Dynamic and TRES deliver together.&#34;Global Rollout USDPT operations on Fireblocks will roll out initially across two markets, the Philippines and Bolivia, with expansion across Western Union&#39;s global network through 2026. The rollout aligns with Western Union&#39;s broader strategy to modernize its settlement infrastructure and strengthen its competitive position as the global payments industry moves onchain.&#34;Every major shift in financial services requires infrastructure that can keep pace,&#34; said Michael Shaulov, CEO and Co-Founder of Fireblocks. &#34;Western Union has operated the rails of global money movement for more than 170 years. Building USDPT on Fireblocks represents a generational modernization of that infrastructure, and we&#39;re proud to be the platform they&#39;ve chosen to build it on.&#34;About Fireblocks Fireblocks is the world&#39;s most trusted digital asset infrastructure company, empowering organizations of all sizes to build, manage and grow their business on the blockchain. With the industry&#39;s most scalable and secure platform, we streamline stablecoin payments, settlement, custody, tokenization, trading, accounting operations, and compliance reporting, enabling everything from institutional finance to consumer-facing digital experiences across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges and custodians. Thousands of organizations, including Worldpay, BNY, Galaxy, and Revolut, trust Fireblocks to secure more than $14 trillion in digital asset transactions across 150+ blockchains. Learn more at <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4679289-1&amp;h=2802082532&amp;u=http%3A%2F%2Ffireblocks.com%2F&amp;a=fireblocks.com" target="_blank" rel="nofollow">fireblocks.com</a>.About Western Union The Western Union Company (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/WU">WU</a>) 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 over 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 <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4679289-1&amp;h=3554883562&amp;u=https%3A%2F%2Fcts.businesswire.com%2Fct%2FCT%3Fid%3Dsmartlink%26url%3Dhttp%253A%252F%252Fwww.westernunion.com%26esheet%3D54346648%26newsitemid%3D20251028647920%26lan%3Den-US%26anchor%3Dwww.westernunion.com%26index%3D1%26md5%3D5cd1a4b5ede60d04cc8dcc70ab954749&amp;a=www.westernunion.com" target="_blank" rel="nofollow">www.westernunion.com</a>.



<img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=NY49733&amp;sd=2026-05-04"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/western-union-selects-fireblocks-to-power-its-first-stablecoin-usdpt-302760774.html" target="_blank">https://www.prnewswire.com/news-releases/western-union-selects-fireblocks-to-power-its-first-stablecoin-usdpt-302760774.html</a>SOURCE Fireblocks

Western Union has selected Fireblocks to provide the infrastructure for its USDPT stablecoin, aiming to enhance financial access in the Philippines and Bolivia. This initiative signals a significant modernization of Western Union's services, with global expansion anticipated through 2026, potentially boosting revenue streams in key markets.

Western Union Selects Fireblocks to Power its First Stablecoin, USDPT

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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