Stablecard by Western Union

Stablecard by Western Union is a Visa^® spend card that lets you spend, withdraw cash, and shop online anywhere Visa cards are accepted. The card is secured by the cardholder’s deposit of US Dollar Payment Token (USDPT^TM) as collateral.

USDPT^TM stands for US Dollar Payment Token. It is a stablecoin, which is a digital version of the US dollar (USD) designed to maintain the same value as the US dollar. For every USDPT^TM issued, an equal amount of USD is held in reserves such as bank deposits, U.S. Treasury bills, and other cash equivalents.

Yes, USDPT^TM is a stablecoin, which is a type of cryptocurrency. Its purpose is to provide a fast, low-cost way to send and receive money worldwide, 24/7, combining the stability of US dollar with the efficiency of blockchain technology.

No. Stablecard by Western Union is not a prepaid card or bank account. The card does not provide access to a deposit account, does not offer interest, and does not represent a claim against FDIC‑insured funds. Card spending is limited to the value of (USDPT) deposited as collateral by the cardholder.

To use the card, a cardholder deposits US Dollar Payment Token (USDPTTM) into a non‑custodial digital asset wallet associated with their card. The available amount to spend or withdraw using the card is equal to the amount of (USDPT) deposited as collateral.

The card is issued and managed by Rain, a financial technology company and Visa principal member, and is available through the Stablecard by Western Union mobile app, which you can download from the App Store and Google Play.

Stablecard by Western Union offers a simple and flexible way to use your USDPT^TM tokens for everyday spending and cash access.

Easy to set up and fund:

• Get started with no credit check, no minimum balance, and no hidden fees.
• Redirect Western Union money transfers to be used with your card.
• Add US Dollar Payment Token (USDPT^TM) to secure your card, including via transfers from other digital asset wallets.

Easy to spend, track, and get cash:

• Use your USDPT^TM funds for online and in‑store purchases anywhere Visa is accepted.
• Manage your card and track transactions in the Stablecard by Western Union mobile app.
• Enjoy a safer, more convenient alternative to carrying cash.
• Withdraw cash in local currency at ATMs with the Visa logo.
• Take out cash in local currency at your chosen Western Union location globally.

Stablecard by Western Union is supported by:

• Card issuer and program manager: Rain (Nimbus LLC dba Third National)
• Card network: Visa^®
• US Dollar Payment Token USDPT^TM: Western Union, issued by Anchorage Digital Bank on the Solana blockchain

You can apply for Stablecard by Western Union through the Stablecard mobile app.

Availability is subject to geographic, regulatory, and eligibility requirements. The mobile app can be downloaded from major app stores, including the App Store and Google Play.