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Fake USDPT Tokens Appear on Solana After Western Union Stablecoin Launch

According to Western Union, Anchorage Digital issues the Solana-based USDPT for 24/7 settlement within its payment system, with consumer services planned in more than 40 countries by 2026 amid ongoing impersonation-token risks.

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Fact Check
All core elements of the claim are confirmed by multiple authoritative sources. The official @solana X account and the PANewsLab article (citing a BusinessWire press release) confirm the actual launch on 2026-05-04. The Western Union IR page and Anchorage Digital's own site confirm the partnership and the USDPT name, Solana blockchain, Anchorage Digital Bank as issuer, and the agent/partner settlement use case — all announced in October 2025 with a planned early-2026 launch. The 1:1 USD reserve backing is confirmed by PANewsLab's summary of the BusinessWire release. The claim's description of the stablecoin's purpose (agent and partner settlement for cross-border payments) is consistent across all sources. No conflicting evidence was found.
Summary

Western Union announced USDPT, a Solana-based U.S. dollar payment stablecoin for cross-border settlement within its payment system. According to the company, Anchorage Digital issues the token, which is integrated for 24/7 instant settlements, and consumer services are planned in more than 40 countries by 2026. Earlier reporting also noted that at least 24 fake USDPT tokens appeared on Solana after the launch, underscoring scam and rug pull risks around unofficial lookalike assets.

Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value, typically by being pegged to a fiat currency such as the U.S. dollar.
  • Solana: A blockchain network known for high-throughput transaction processing and commonly used for token issuance and decentralized applications.
  • Rug pull: A crypto scam in which token creators or insiders withdraw liquidity or abandon a project, leaving buyers with near-worthless tokens.