We are excited to announce that USDPT is available for trading on Kraken!
Financing and trading
USDPT trading has been live since July 9, 2026.
To add an asset to your Kraken account, go to Funding, select the asset you are looking for and click “Deposit”.
Make sure to deposit your tokens on networks supported by Kraken. Deposits made via other networks will be lost.
Here is some additional information about this asset:
US Dollar Payment Token (USDPT)
US 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 business payments and global value transfer, USDPT extends the power of Western Union’s trusted network of nearly 500,000 retail locations, serving more than 150 million customers in more than 200 countries and territories.
USDPT enables near real-time settlement and just-in-time liquidity, transforming treasury and funds transfer 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 digital spending and seamless money movement around the clock.
Through Western Union’s Digital Asset Network (DAN), USDPT also connects the digital asset ecosystem to Western Union’s vast global footprint, enabling partners to offer their users convenient fiat access and egress services through Western Union POS. This connects traditional finance and digital assets, providing reliable access to cash and global reach to millions of crypto users around the world.
Purpose-built for the future of global payments, USDPT powers 24/7 cross-border funds transfers, treasury optimization, liquidity management and institutional settlement, enabling faster, more efficient and accessible money movements between Western Union entities, banking partners and financial institutions around the world.
Please note:
- Trading through Kraken App and Instant Buy will be available once liquidity conditions are met. (when enough buyers and sellers have entered the market for their orders to be effectively matched).
- Geographic restrictions may apply
Will Kraken make more assets available?
Yes! But our policy is not to reveal any details until shortly before launch, including which assets we are considering. All available Kraken tokens can be found here, and all future tokens will be announced on our announcement roadmap and social media profiles. Our customer engagement specialists cannot answer any questions about what assets we might make available in the future.
Although the term “stablecoin” is commonly used, there is no guarantee that the asset will maintain a stable value relative to the value of the reference asset when traded in secondary markets or that the asset reserve, if any, will be sufficient to satisfy all redemptions.
