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Bybit Becomes First Major Crypto Exchange to Integrate Western Union's USDPT Stablecoin, Bridging Two Financial Worlds Through One Stablecoin
Eligible Bybit users can buy and sell USDPT through fiat channels, cutting off-ramp times from days to minutes, Western Union said.
- On Thursday, June 4, 2026, Bybit became the first major crypto exchange to integrate Western Union's USDPT stablecoin, a Solana-based asset issued by Anchorage Digital Bank, N.A., enabling users to convert digital holdings into fiat.
- The integration removes settlement friction and creates a parallel layer to legacy networks, enabling around-the-clock settlement for Bybit's over 80 million users instead of business-day-only processing.
- Victoria Kilikyan, Deputy Head of Fiat at Bybit, said the product "marks a meaningful step for crypto adoption," while Malcolm Clarke, Head of Digital Assets at Western Union, noted it extends their network into the digital asset ecosystem.
- In Latin America, Patricio Mesri, Country Manager of Spanish-speaking Latin America at Bybit, stated the partnership enables seamless movement between digital value and real-world money, setting a new standard for crypto adoption in the region.
- Western Union empowers consumers across more than 200 countries and territories, and this collaboration leverages that global footprint to fulfill Bybit's goal of creating an open, equal ecosystem for everyone since its 2018 founding.
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PR NewswireReposted by 
The Manila Times
The Manila TimesBybit Becomes First Major Crypto Exchange to Integrate Western Union's USDPT Stablecoin, Bridging Two Financial Worlds Through One Stablecoin
/PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, and Western Union, the global money transfer network, today...
·United States
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Western Union Brings USDPT to Bybit, Opening Access to Latin America’s Crypto Market
Key Takeaways: Western Union has introduced USDPT support on Bybit’s fiat markets in Latin America. The move widens the distribution of the payment giant’s dollar-backed stablecoin and bolsters a path for the broader international rollout. USDPT gains direct access to crypto trading, transfers, and liquidity as competition in the stablecoin sector intensifies. Western Union is taking another step into digital assets by bringing its USDPT stable…
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Leaning Left1Leaning Right1Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 20%
C 60%
R 20%
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