Western Union unveils stablecoin plans for treasury, customer payments

Western Union unveils stablecoin plans for treasury, customer payments

Western Union 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 blockchain settlement rails to reduce reliance on legacy correspondent banking systems while shortening settlement windows and improving capital efficiency. „With the passage of the GENIUS Act, we are now seeing potentially […]

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