🚨WESTERN UNION EXPLORING STABLECOIN INTEGRATION The CEO says, “Stablecoins are an opportunity, not a threat.” They plan to offer them via global digital wallets. The question: which blockchain rail will they use?🤔 https://t.co/qrUYcHidiy
Stablecoins infiltrate deeper into global finance as Western Union enters crypto via @akibablade https://t.co/aryl1WfHVa
Western Union CEO says the bank is looking into offering stablecoin products in its digital wallets to the customers around the world https://t.co/dmusgBMRZm https://t.co/GCCNq8nIX3
Western Union is exploring the integration of stablecoin products into its digital wallets as part of its broader strategy to offer cryptocurrency on- and off-ramp services globally. The company's CEO confirmed in a live Bloomberg interview that the remittance giant aims to provide faster settlement, cheaper transfers, and smoother fiat conversion through these new crypto capabilities. Western Union views stablecoins as an opportunity to enhance its financial services rather than a threat. While the company is actively investigating which blockchain infrastructure to utilize, the move signals a shift toward on-chain payment rails in the legacy remittance industry.