We’re thrilled to announce that USDPT is available for trading on Kraken!
Funding and trading
USDPT trading is live as of July 9, 2026.
To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.
Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost.
Here’s some more information about this asset:
U.S. Dollar Payment Token (USDPT)
U.S. Dollar Payment Token (USDPT) is Western Union’s USD-backed stablecoin, issued by Anchorage Digital Bank, a federally chartered crypto bank, and built on the Solana blockchain. Designed for enterprise-grade payments and global value transfer, USDPT extends the power of Western Union’s trusted network of nearly 500,000 retail locations, serving 150+ million customers across 200+ countries and territories.
USDPT enables near real-time settlement and just-in-time liquidity, transforming treasury and remittance operations by reducing funding and settlement cycles from days to seconds. As the native settlement asset for Western Union’s self-custodial Visa card, USDPT supports seamless digital spending and money movement around the clock.
Through Western Union’s Digital Asset Network (DAN), USDPT also connects the digital asset ecosystem with Western Union’s extensive global footprint, enabling partners to offer their users convenient fiat on-ramp and off-ramp services through Western Union retail locations. This bridges traditional finance and digital assets, bringing trusted cash access and global reach to millions of crypto users worldwide.
Purpose-built for the future of global payments, USDPT powers 24/7 cross-border remittances, treasury optimization, liquidity management, and institutional settlement, delivering faster, more efficient, and more accessible money movement across Western Union entities, banking partners, and financial institutions worldwide.
Please note:
- Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).
- Geographic restrictions may apply
Will Kraken make more assets available?
Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on our Listings Roadmap and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be making available in the future.
Although the term “stablecoin” is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.