Western Union and stablecoin card issuer Rain launched Stablecard on Aug. 4, a digital wallet and Visa card that lets people receive money transfers as USDPT and spend the balance at any Visa merchant or ATM.
Stablecard extends Western Union's onchain push from settlement infrastructure into a consumer-facing product. The company moved $107.4 billion in cross-border principal across 285.9 million consumer money transfer transactions in 2025, and Stablecard gives recipients of that money a dollar-denominated balance they can spend without converting to local currency.
Stablecard is live in 37 markets, which Western Union said include “the key markets where local currency is not stable and demand for stablecoins is already visible.” The company did not name them, and is targeting more than 60 markets by the end of the year. The app is available in the Apple App Store and Google Play, the card can be loaded into Apple Pay and Google Pay, and users can move USDPT to and from outside wallets and exchanges.
“By combining the stability of a dollar-backed digital asset with the scale of Western Union's global network and Visa's acceptance footprint, we're giving consumers a new way to hold value, move money and spend confidently across borders,” said Devin McGranahan, Western Union's president and chief executive, in the release.
