Western Union Embraces Crypto Future With Stablecoins and Digital Asset Strategy

STABLECOINS | Western Union to Pilot Stablecoin Settlements to Modernize Remittances, Says CEO

Western Union is piloting a stablecoin-based settlement system as part of its effort to modernize cross-border money transfers for over 150 million customers.   During the third-quarter earnings call, the Western Union CEO, Devin McGranahan, said the initiative aims to leverage blockchain settlement rails to reduce reliance on traditional correspondent banking, shorten transaction times, and improve capital efficiency. “We see significant opport…

Western Union Embraces Crypto Future With Stablecoins and Digital Asset Strategy

Western Union is charging into the digital future with a bold plan to weave blockchain and stablecoin technology directly into its global payment engine, positioning itself as a dominant force in the new era of digital money movement and financial innovation. Western Union Accelerates Blockchain and Stablecoin Integration in Global Payments The rapid integration of... The post Western Union Embraces Crypto Future With Stablecoins and Digital Ass…

Western Union Launches Stablecoin Settlement Pilot for Global Remittances – Digital News & Investigative Reports

Western Union Steps Into the Blockchain Era Western Union, the global leader in cross-border money transfers, has announced a stablecoin-based settlement pilot to revolutionize how it processes global remittances. The initiative seeks to modernize the company’s $860 billion remittance infrastructure by leveraging blockchain rails to replace legacy banking networks and improve transaction efficiency. CEO Devin McGranahan confirmed that the pilot …

Latest Western Union is piloting a stablecoin-based settlement system for global remittances in Cryptocurrency

Cryptocurrency Western Union is testing stablecoin settlements for faster remittances.The GENIUS Act in the United States has boosted confidence in blockchain-based payment systems.The company plans on/off-ramp partnerships to link crypto and fiat.Global payments leader Western Union is preparing to launch a pilot project that will test a stablecoin-based settlement system aimed at transforming the speed, transparency, and cost efficiency of cro…

Western Union CEO Unveils Stablecoin Plans for Treasury and Customer Payments

Western Union (NYSE: WU) is actively exploring stablecoin integration across its global payments network, marking a significant strategic shift for the 173-year-old remittance company as new U.S. regulations provide clearer frameworks for digital assets.CEO Devin McGranahan announced during the company's third quarter earnings call that Western Union is testing stablecoin-enabled solutions in treasury operations, focusing on leveraging blockchai…