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Western Union plans to launch a Solana-based dollar stablecoin in 2026 through Anchorage Digital, extending its move into digital payments. The new token, called the US Dollar Payment Token (USDPT), will be part of a network that bridges digital and traditional money, the company said in an announcement . It said the network will enable customers to move value more easily between crypto wallets and cash, a step toward faster, cheaper cross-border transfers. “Western Union’s USDPT will allow us to own the economics linked to stablecoins,” CEO Devin McGranahan said, calling it a key milestone in the company’s digital shift. USDPT is expected to launch in the first half of 2026.  It's official:@WesternUnion, the world's largest money transfer business, is building exclusively on Solana. 🔥 pic.twitter.com/dJMnKN5EY4 — Solana (@solana) October 28, 2025 Western Union also said it will launch a “Digital Asset Framework,” which wil...

Vanguard, an investment firm with $11 trillion in assets under management, is reportedly flirting with the idea of offering Bitcoin (BTC) products to its clients. Serving some 50 million investors, Vanguard currently does not have any crypto-related offerings, so the very idea of exploring such assets signals a potentially fundamental shift. This is especially true since the firm has long stood apart from its rivals, known for its sharp criticism of Bitcoin exchange-traded funds (ETFs) when they debuted in January 2024.  Back then, Vanguard argued that cryptocurrencies lacked inherent economic value and produced no cash flow, possessing only inherent risk.  However, it now appears that increasing client demand has led to a change of heart, as the growing institutional appetite for and the success of Bitcoin ETFs has never been stronger, as reported by Bloomberg on Wednesday, October 1. JUST IN: Bloomberg says Vanguard is considering offering Bitcoin ...

 Cryptocurrency exchange Bybit has formed a strategic partnership with Cactus Custody, a digital asset custodian under Matrixport Group, as per the information shared with Finbold on July 23. @Bybit_Official partners with Cactus Custody to boost institutional trading efficiency and security. ️ Secure institutional custody, no pre-funding, lower risk, full liquidity. Learn more https://t.co/5ORQArDns4 pic.twitter.com/3uU0zNklVH — CactusCustody (@CactusCustody) July 23, 2025 The collaboration introduces an off-exchange settlement solution via Cactus Oasis, designed to enhance asset security and capital efficiency for institutional clients. The integration will go live on July 28, 2025. The partnership allows institutional and professional clients to trade on Bybit without pre-funding exchange accounts. Clients deposit collateral with Cactus Custody, where assets are held in segregated, regulated custody and transferred to Bybit only at trade settlement, reducing ...

Shib Finance is creating quite a buzz right now as the Shiba Inu team prepares to launch this innovative platform. The project aims to transform crypto lending within the Shib ecosystem, and also move beyond simple token swaps to offer comprehensive financial services. Also Read: Ripple SEC Settlement: Fine Cut from $125 Million to $50 Million Shib Finance’s DeFi Disruption: Could It be A New Era for Crypto Lending & Growth? Source: Freepik Beyond Simple Token Swaps The Shiba Inu team announced Shib Finance through Shibarium Updates on March 25, 2025. The platform will offer borrowing, lending, and also saving options – essential services for any serious player in the crypto lending market. Shib Finance is being developed to bridge traditional finance and decentralized finance, potentially opening doors for those who have been excluded from conventional banking systems. Shib Finance: The Future of Fair, Open Finance In the future, Shib Finance will take the Shib ecosystem to a who...