Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg

Citigroup to explore stablecoins as Hong Kong and US regulations evolve

Clients are eager but seek clarity on use cases and the coins’ impact on balance sheets and liquidity, US bank’s head of services says.

The Rise and Risks of Stablecoins

Western Union Joins Stablecoin Race, Eyes Crypto Partnerships; CEO Says

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg

Stablecoins are an "opportunity, not a threat," for international money transfer company Western Union, according to CEO Devin McGranahan.McGranahan said in an interview with Bloomberg on Monday that anything allowing users to send money faster and cheaper across borders is going to be good for Western Union and its customers.Stablecoins are crypto tokens pegged to the value of a traditional financial asset, such as a fiat currency, with the U.S…

Western Union Eyes Stablecoin Integration to Boost Cross-Border Payment Efficiency

Remittance heavyweight Western Union has shown interest in using stablecoins to modernize its global remittance operations.

Western Union CEO Embraces Stablecoins as a Path to Innovation and Efficiency – News Bytes Bitcoin News

Western Union CEO Devin McGranahan stated in a recent interview that stablecoins should be viewed as an opportunity rather than a threat to the company’s business model. He emphasized that stablecoins can facilitate faster and cheaper cross-border transactions, benefiting both the company and its customers. McGranahan told Bloomberg that while stablecoins cannot be directly spent […]