Western Union has outlined a plan to launch a dollar-pegged stablecoin called U.S. Dollar Payment Token, issued by Anchorage Digital Bank on Solana with availability targeted for the first half of 2026. The company will pair the token with a Digital Asset Network that links crypto wallets to Western Union’s global cash rails, which is the practical bridge most pilots miss.

The company set the tone with a clear message from the top.

“We are committed to leveraging emerging technologies to empower our customers and communities,”

said President and CEO Devin McGranahan, adding that USDPT lets the firm “own the economics linked to stablecoins” while its Digital Asset Network focuses on last-mile cash off-ramps.

Can Solana carry remittance-scale traffic

For crypto natives, the big question is not branding. It is throughput, cost, and reliability when millions begin to push value at once. Solana’s effective user-driven throughput typically sits in the low thousands of transactions per second, with sub-cent fees in normal conditions. Peak stress tests have printed much higher marks, but those numbers are best treated as an upper bound, not a daily reality.

The network has worked to reduce the kind of whole-chain incidents that once drew criticism, and a second validator client is positioned as a resilience milestone rather than a vanity upgrade.

Western Union’s choice of Anchorage matters for trust. Anchorage Digital Bank is a federally chartered crypto bank that handles regulated custody and stablecoin issuance, and it has been expanding institutional roles across the industry this year. That pedigree gives Western Union a compliance backbone as it navigates stablecoin rules across multiple jurisdictions.

How this could change the experience

If the launch holds its timeline, the first real signal will be corridor selection. Expect flows that match Western Union’s strongest send and pickup markets, where even modest fee cuts and instant settlement can move share quickly. The company says users will access USDPT through partner exchanges, which suggests a distribution strategy that meets consumers where they already hold balances.

Solana’s official channels have already amplified the partnership, which hints at close coordination on performance, fee policy, and wallet UX before any mass-market switch flips. The proof, as always, will be in stable uptime during real paydays and weekend rushes.

Conclusion: This is less a press-release moment than a live experiment in moving remittances to crypto rails without asking the user to become a degen. If Western Union ships on time, and if Solana holds steady under real-world traffic, cross-border payments may start to feel instant, cheap, and boring in the best possible way.

FAQ

What exactly is launching and when?
Western Union plans a Solana-based stablecoin, USDPT, issued and custodied by Anchorage Digital Bank, with availability targeted for H1 2026.

Why choose Solana for remittances?
Solana offers low per-transaction fees and high practical throughput, which are important for small payments that need fast settlement.

How will users cash out?
Western Union will link partner wallets to its cash pickup network through a new Digital Asset Network for last-mile conversion.

What are the key crypto indicators to watch?
Track network uptime and fees on Solana, USDPT reserve disclosures and audits, corridor pricing versus legacy rails, and user growth in active wallets.

Glossary of key terms

U.S. Dollar Payment Token (USDPT)
A dollar-pegged stablecoin Western Union plans to issue on Solana with Anchorage Digital Bank as issuer and custodian.

Digital Asset Network
Western Union’s framework that connects crypto wallets to its global cash agent network for compliant off-ramps and on-ramps.

Effective user-driven throughput
A real-world measure of how many transactions per second a blockchain processes under normal usage rather than lab peaks.

Second validator client
An independent software implementation that increases network resilience by reducing single-client risk during incidents.

Read More: Is Solana Built for 100M Western Union Remittance Wallets?">Is Solana Built for 100M Western Union Remittance Wallets?

The Dogecoin price shows quiet strength as retail sentiment stays weak. Dormant whales accumulated 15.1 million DOGE, worth about $2.95 million, signaling renewed long-term confidence.

The move contrasts sharply with soft trading activity among small investors. Many retail holders continue to sell into every minor rally, showing limited confidence in short-term gains. The cautious behavior reflects broader market uncertainty and hesitation to buy at current levels.

Whales Reactivate as DOGE Accumulation Rises

On-chain data reveals a steady accumulation of DOGE by high-value wallets. One whale address reactivated after months of dormancy, adding 15.1 million DOGE to its holdings. 

It later sold 7,473 DOGE for about $1,450, leaving 15.19 million DOGE valued near $12.96 million. Analysts view this as a strong signal that institutional or early adopters are positioning ahead of the next market phase.

While retail traders appear cautious, large wallets are quietly adding exposure. This split in behavior highlights an ongoing tug-of-war between speculative exit and long-term accumulation.

Whale Accumulation Signals Faith

Dormant whale accumulation often precedes renewed confidence among experienced holders. These “smart money” actors typically buy when the Dogecoin price trades near historical support zones. Their activity indicates belief in a medium- to long-term recovery, even when short-term metrics appear bearish.

Also Read: Thumzup Media to Accept Dogecoin Payments for Creators in Major Crypto Integration

Whale wallets moving after long silence also suggest that value recognition is returning to the meme-coin sector. Despite a weak broader market, their actions may mark early groundwork for the next uptrend.

Weak Retail Sentiment Persists

Despite whale optimism, retail traders are doing the opposite. CryptoQuant data shows that the Spot Taker CVD remained negative through October, signaling sustained selling pressure. This metric reveals that most traders continue to execute aggressive sell orders rather than buy into dips.

Supporting this, Coinalyze data reports a persistent negative Buy–Sell Delta. Over the past 30 days, Dogecoin recorded 156.67 million in sell volume versus 154.88 million in buy volume — a net negative of 1.79 million DOGE. This imbalance confirms that retail enthusiasm has yet to return.

Technical Setup Remains Bearish

The DOGE USD price is still hovering below the main moving averages. It is bellow the 20,50,100 and 200 EMA lines which are pointing down. The Directional Movement Index supports this view, as the Positive Index is very close to 12 and the Negative was near 39.

Month	Minimum Price	Average Price	Maximum Price	Potential ROI
October	$0.192	$0.195	$0.198	-2.6%
November	$0.224	$0.237	$0.250	23%
December	$0.225	$0.232	$0.238	17.1%

Buyers need to break more than $0.20 (20 EMA level) for the Dogecoin price trend to become bullish. A follow-through recovery back above the 50–100 EMA zone. 

Around $0.21 is likely to pave the way for an extension of the up-move towards the $0.22 intermediate hurdle in the near-term. If it does not, the price can remain range-bound between $0.17 and $0.20 for an extended period.

Market Momentum Building Slowly

Despite the present soft performance, Dogecoin price exhibits superior resilience when compared to larger altcoins. It was up more than 2% this week compared with the CD5 index. Trading volume was 9.8% above the seven-day average, a sign of institutional participation.

The pattern suggests “early-cycle momentum building,” says market strategist Rishi Patel of Bluepool Digital. “DOGE’s resilience while Bitcoin and Ethereum consolidate suggests rotation flows are returning to higher-beta assets,” Patel said.

Chart Indicators Show Stability

Technical charts indicate that dogecoin is supported by an uptrendline, drawn from $0.1949 low on the hourly chart. Steady re-tests at $0.2060–$0.2070 support indicate buyers remain in the market daily. RSI is sitting at around 58 on the 4-hour — just like you’d expect early in a trend.

The MACD indicator remains in the positive area but starts to narrow, indicating light consolidation following an attempt to break out. This action suggests re-accumulation, not exhaustion, analysts said. The bias remains bullish with sustained closes above $0.2085.

What Lies Ahead for Dogecoin Price

But if buyers take over, Dogecoin price may rise towards $0.22 and then at the end of this week or next, to $0.25 ahead of new conditions next month. But an inability to take out the resistance levels may extend sluggishness. 

Although most long-term holders still talk about DOGE as a speculative — yet resiliently decentralized– digital asset. Its strong community and growing whale interest keeps its story running even in slow markets.

Conclusion

The Dogecoin price narrative today is emblematic of the quiet confidence beneath the surface. Whales that were previously dormant are accruing millions, while retail traders are even hopping out.

Technicals are still cautious, momentum indicates slow-building recovery. If DOGE can break above $0.20 and maintain, that will signify its next leg. For the time being, the whales seemed to be gambling that patience would pay.

Also Read: Dogecoin Price Calm May End Soon as Analysts Eye $0.5 Breakout

Appendix: Glossary of Key Terms

Whale: A name for someone holding a large quantity of cryptocurrency who is able to manipulate the market.

Dormant Wallet: A cryptocurrency or blockchain wallet that has gone dormant, and is either empty or contains an insignificant sum of cryptocurrency.

On-Chain Data: Information written to a blockchain itself, which can be utilized to track wallet movements, transactions and the general health of network.

Retail Traders: Small, individual investors usually trading in small quantities who generally follow the short-term market favourite.

Spot Taker CVD: A measure of trading that compares volumes of buying and selling in the spot market, with negative values indicating pressure to sell.

Frequently Asked Questions About Dogecoin Price

1- Is the Dogecoin price bullish or bearish?

Short-term signals remain bearish, but whale accumulation hints at early bullish positioning.

2- Why are whales buying Dogecoin?

Dormant wallets suggest long-term investors see value at current levels and expect gradual recovery.

3- What price levels should traders watch?

Key resistance sits at $0.20 and $0.21. A breakout above $0.2085 could confirm new upside momentum.

4- Are retail traders supporting the move?

Not yet. Retail sentiment remains weak, with net selling pressure persisting for most of October.

Read More: Dogecoin Whales Accumulate 15 Million DOGE as Retail Traders Exit the Market">Dogecoin Whales Accumulate 15 Million DOGE as Retail Traders Exit the Market

Bitcoin Magazine

Save Our Wallets: Bitcoiners Must Act To Defend Their Right To Transact

Recent threats against the rights of bitcoiners to transact in the manner they deem fit led to the creation of Save Our Wallets. Done in collaboration with the Bitcoin Policy Institute, CoinCenter, the Bitcoin Design Foundation, and many regional Bitcoin hubs around the United States, the organization recently launched the “Satoshi Needs You!” campaign.

Satoshi needs all of you to rally together to ensure that the Blockchain Regulatory Certainty Act (BRCA) provisions are included in the coming version of the CLARITY Act, to ensure that self-custodial software tools in the Bitcoin ecosystem remain a protected thing, unencumbered by financial regulations designed to restrict businesses actually taking control of users’ funds.

The trials this summer prosecuted by the Department of Justice (DOJ) against the developers of Samourai Wallet and Tornado Cash have set dangerous precedents by prosecuting developers of open-source and self-custodial software, which at no time gave developers control over user funds in any way, and flies directly against standing guidance from both the DOJ as well as FinCEN, the regulator in charge of the application of the relevant regulations from both cases.

The “Satoshi Needs You!” campaign aims to raise awareness of the current threats to bitcoiners’ rights and rally people to get involved in the push to cement these rights in explicit regulation.

“This is a moment of both great danger and great opportunity for the bitcoin network” said Kyle Olney, co-founder of SaveOurWallets.org. “We can’t take anything for granted until our fundamental rights to economic liberty in the digital realm have been codified into law. We need EVERY bitcoiner to get involved, contact their representatives in Washington DC, and ensure this congress continues to execute on pro-Bitcoin policy. We have a responsibility to fight for our freedoms like the right to transact, and to pass those rights on for future generations.”

Visit SaveOurWallets.org to learn more about the CLARITY Act and how you can get involved in the fight to include the BRCA provisions.

This post Save Our Wallets: Bitcoiners Must Act To Defend Their Right To Transact first appeared on Bitcoin Magazine and is written by Shinobi.