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![ghaexchange Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1786276804262514688.png) GHAEX [@ghaexchange](/creator/twitter/ghaexchange) on x 6258 followers
Created: 2025-07-22 17:42:44 UTC

💼 Western Union is preparing to launch stablecoin-based services to modernize and accelerate its global remittance operations. CEO Devin McGranahan announced that stablecoins are viewed not as a threat, but as a key opportunity to reduce costs, increase transaction speed, and enhance user experience.

🌍 The company is currently running pilot programs in Africa and South America, focusing on real-time foreign exchange conversion and cross-border payments using stablecoins like $USDC 🟢 and $USDT 🔵. These pilots allow users to transact with lower fees, faster settlement, and greater financial accessibility.

🪙 Western Union plans to integrate on-ramps and off-ramps for stablecoins, enabling users to buy, sell, and store digital assets directly through its infrastructure. A stablecoin wallet system is in development, positioning the company to offer services comparable to fintech disruptors like PayPal and MoneyGram.

📜 Regulatory developments such as the GENIUS Act in the United States have provided a clearer legal framework for stablecoin implementation, giving Western Union a green light to expand in this space.

⚡ The initiative supports use cases like:

Real-time remittances with minimal fees

Stable savings in volatile economies

Digital dollar accessibility in underbanked regions

This move represents a significant shift for a 175-year-old legacy firm, bridging traditional finance with Web3 innovation and reinforcing stablecoins’ role in global finance.

#WesternUnion #Stablecoins #USDC 🟢 #USDT 🔵 #Remittances #CrossBorderPayments #Web3 #CryptoAdoption #DigitalWallets #GENIUSAct #Africa #SouthAmerica #Fintech #DeFi #CryptoPayments #FinancialInclusion #CryptoNews #DigitalAssets


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**Related Topics**
[united states](/topic/united-states)
[$7846t](/topic/$7846t)
[stablecoins](/topic/stablecoins)

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