Western Union has selected Noah to provide the infrastructure for its Receiver Redirect stablecoin transfer service, expanding its push into digital asset-based remittances across more than 200 countries and territories.

The service is designed to let customers send funds through Western Union's global network and receive them as USDPT stablecoins in a Western Union wallet. It will support transfers in more than 60 currencies and is aimed at Western Union's customer base of more than 150 million people, alongside its network of more than half a million agent locations.

USDPT is a US dollar stablecoin issued by Anchorage Digital Bank on Solana. Under the arrangement, Noah will provide the infrastructure used to move funds between fiat currencies over stablecoin rails.

Receiver Redirect will allow consumers to send funds from agent locations worldwide and let recipients collect the value in stablecoins through a wallet linked to Western Union's Stablecard product. Users will also be able to hold USDPT in that wallet.

The deal marks a notable step for one of the largest established remittance groups as stablecoins gain wider use in cross-border payments. Western Union handles more than USD $100 billion a year in fund transfers, and the new service targets parts of the global remittance market that the World Bank values at USD $905 billion annually.

International consumer money transfers have long been criticised for delays and high charges, particularly on lower-value payments. Moving transactions onto stablecoin rails could cut settlement times from days to hours and lower fees from about 6% of the transfer value to a much smaller share.

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