USDPT: what it is and what can be measured

Stablecoin backed by currency reserves, issued by Anchorage Digital Bank, for Western Union.

Western Union's own dollar token, issued by a federally regulated US bank and running on Solana. It is used first for settling with its agents rather than as something a customer holds.

How much exists

18.76 million USDPT in existence worldwide, Read 1 hour ago, read from the issuer's own contracts.

Mostly on solana (100%).

This counts USDPT everywhere in the world. A public blockchain does not record which country a holder is in, so 20kobo cannot tell you how much of this is Nigerian, and does not guess.

Why a Nigerian investor might care

Western Union pays out across Nigeria. If its agent settlement moves onto this token, the rails behind a cash pickup in Lagos change even though nothing a sender sees does.

Information only, not advice about buying or holding anything.