Western Union has chosen Noah to add a stablecoin payout route to its remittance network, a planned option that could shift settlement from days to hours.
Receiver Redirect would let people receiving transfers through Western Union’s agent network collect payment in U.S. Dollar Payment Token (USDPT). The token is pegged to the U.S. dollar, and Anchorage Digital Bank, N.A. issues it on Solana. The hours-long settlement estimate applies to a service that has not launched.
Noah’s planned role includes arranging funds ahead of payouts, converting that value into USDPT and coordinating token delivery. Its responsibilities would also cover treasury operations, licensing and compliance in local markets.
The intended reach spans more than 60 currencies and upwards of 200 countries and territories. Western Union and Noah have not announced a start date or said where the service would first be available.
Both companies expect the option to lower costs. They have not released a customer fee schedule or details such as foreign-exchange pricing, transfer caps and ways to convert USDPT into local currency. Without those terms, customers cannot assess the full cost of a transfer or how much value recipients could retain after conversion.
A third-quarter 2025 comparison put the average cost of remittances worldwide at 6.36%, while bank providers averaged 14.99%. Those figures offer broader context for the companies’ stated cost goal, but they do not indicate what Receiver Redirect would charge.
EconoTimes previously covered the planned USDPT payout arrangement. The service’s first markets, launch timing and customer pricing remain to be announced.
