Bybit says users can now hold, transfer and trade Western Union’s dollar-pegged USDPT, making it the first major crypto exchange to list the stablecoin.
Bybit has added support for Western Union’s USDPT stablecoin, allowing users to hold, transfer and trade the dollar-pegged token on the exchange. The move makes Bybit the first major cryptocurrency exchange to list USDPT, expanding beyond the previously announced integration of the token into fiat on- and off-ramp channels that began in Latin America. USDPT is described in the existing topic as a Solana-based stablecoin built for payments and settlement, underscoring how exchanges are widening access to digital dollars for trading, transfers and movement between traditional finance and blockchain networks.