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Noah to Support Western Union’s Planned USDPT Remittance Payouts

Receiver Redirect is intended to support more than 60 currencies across more than 200 countries and territories.

Updated 1 min read
A customer waits at a remittance counter in Manila, Philippines. / EconoTimes.ai
A customer waits at a remittance counter in Manila, Philippines. / EconoTimes.ai

Western Union’s planned Receiver Redirect would let remittance recipients collect USDPT, with Noah selected to support those payouts as the service targets more than 60 currencies and over 200 countries and territories.

Anchorage Digital Bank issues USDPT on Solana; it is a stablecoin. Under the planned service, recipients would collect the token as a remittance payout.

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