Bitso lists Western Union’s USDPT stablecoin for users in Mexico

Western Union’s stablecoin has landed in one of the most important remittance markets on the planet. Bitso, a regulated digital asset platform in Mexico, announced on October 13, 2026 that it has integrated USDPT, the dollar-pegged token tied to Western Union’s Digital Asset Network. What Bitso is actually offering The integration works on two levels. Eligible retail users in Mexico can buy and sell USDPT directly with Mexican pesos (MXN) inside the Bitso app. That removes a step. Users do not need to buy another crypto asset first and then swap it, because the peso-to-USDPT route is direct. The second piece is aimed at commercial players. Businesses and Western Union agents can tap conversion and liquidity services through Bitso Business, the company’s institutional arm. USDPT itself is issued by Anchorage Digital Bank, N.A. and runs on the Solana blockchain. It is designed to be redeemable 1:1 for US dollar reserves. There is an important caveat. USDPT is not insured by the FDIC and carries no government backing, so the 1:1 design depends on the issuer and its reserves, not on a federal guarantee. A small token entering a big corridor The numbers on both sides of this deal are wi...