Visa USDPT Settlement: Anchorage Digital Adds Stablecoin to VisaNet
Key Takeaways
Anchorage Digital announced on November 12, 2026, that Visa and eligible partners can settle VisaNet obligations in USDPT.
USDPT is Western Union’s dollar stablecoin, issued by Anchorage Bank on Solana.
It is the first Anchorage-issued stablecoin supported as a native settlement asset on Visa’s network.
A framework now exists to review more Anchorage-issued digital dollar later.
Visa USDPT settlement is now possible after Anchorage Digital announced on November 12, 2026, that it will support select stablecoins from its federally chartered bank as native settlement assets on the Visa network, starting with Western Union’s USDPT, according to its official press release.
In plain terms, Visa and eligible partners can now use this stablecoin to settle the money they owe each other on VisaNet.
What Does Visa USDPT Settlement Mean for Stablecoin Payments?
Settlement is the final step where payment companies move money to each other after customers pay, and it usually runs on traditional bank rails with set cut-off times.
A stablecoin, which is a crypto token designed to hold a value of one US dollar, lets that step run on a blockchain instead, and Anchorage describes the goal as combining the speed of a digital dollar with the trust of a federally regulated bank.
What Is USDPT and Who Issues It?
USDPT is Western Union’s dollar stablecoin, launched in May 2026 on the Solana network, and Anchorage Digital Bank issues it.
Anchorage Bank is a federally chartered bank supervised by the Office of the Comptroller of the Currency, known as the OCC, which is the main national bank regulator in the United States.
What Changes for Visa and Eligible Partners?
Anchorage shared the news on the X official account.
Visa and eligible partners can settle VisaNet obligations in USDPT, which gives them another option backed by a regulated bank, and the Federally Chartered Bank and Visa have also built a framework to review more Anchorage-issued stablecoins in the future.
This is the first time an Anchorage-issued stablecoin has received this status on Visa’s network, so the next names on that list will be worth watching.
The Asset Bank says the deal supports its goal of becoming a settlement bank for stablecoins.
Is Visa USDPT Settlement Safe? Past Compliance Issues and Risks
Bank-issued does not mean risk-free, and Digital Asset Bank has a compliance history worth knowing.
In April 2022 the OCC issued a consent order against Anchorage Digital Bank over gaps in its anti-money laundering program, and the regulator ended that order in August 2025 after stating that the bank’s compliance did not require it to continue, according to the OCC’s termination order.
That case concerned compliance controls rather than a hack, and readers should still check reserve reports, blockchain network reliability, and issuer terms before relying on any digital dollar.
What Should Crypto Readers Watch Next?
Watch for official lists of more stablecoins approved under the new framework, for reserve and audit disclosures from the issuer, and for any change in the scope of eligible partners.
YMYL Disclaimer: This article is for information only and is not financial or investment advice. Crypto is volatile and carries a risk of loss, so check official sources before you act.
