Western Union, the global money transfer provider, has partnered with Noah, a stablecoin payments infrastructure provider, to support a new digital asset service designed to deliver international transfers across more than 200 countries and territories. Noah will provide the on-chain banking infrastructure for Western Union’s Receiver Redirect service, connecting its global remittance network with stablecoin-based payments.
The service will support transfers in more than 60 currencies and aims to make international money movement faster and cheaper for Western Union’s customer base of more than 150 million people.
Receiver Redirect will use USDPT, Western Union’s US dollar stablecoin, issued by Anchorage Digital Bank on the Solana blockchain. Customers will be able to send money through Western Union’s network of more than 500,000 agent locations, with recipients receiving USDPT in a Western Union wallet.
Recipients can retain their stablecoin holdings through Western Union’s Stablecard, which launched in August 2026, giving customers the option to hold digital dollars rather than immediately converting them into local currency.
Noah will provide the treasury capabilities and licences required to pre-fund, convert and distribute USDPT to recipients. The infrastructure is also intended to support compliance with local regulatory requirements as transfers move through stablecoin payment rails.
The partnership comes as providers look for alternatives to traditional cross-border payment infrastructure. The World Bank estimates that global remittance flows total $905bn annually, while the average cost of sending money through banks is around 6% of the transfer value. Stablecoin-based transfers could reduce delivery times from days to hours while lowering transaction costs.
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