Anchorage Digital Bank, the federally chartered crypto bank that issues USDPT for Western Union, is partnering with Visa to support its stablecoins as native settlement assets on the Visa network.

Visa and eligible partners can now use USDPT to settle their VisaNet obligations. USDPT is the first Anchorage-issued token supported, and the deal sets a framework to add more stablecoins later. Anchorage also issues USAT (Tether), USDtb (Ethena Labs), fUSD (Falcon Finance) and ZLUSD (Zelle).

USDPT launched on Solana in May, with Fireblocks providing wallet and settlement infrastructure. Western Union rolled it out first in the Philippines and Bolivia, with plans for 24/7 settlement across its network of more than 200 countries.

The move gives Visa partners another bank-issued stablecoin option for settlement, alongside Anchorage's Atlas network for counterparty settlement.