TLDR Tech / Crypto
Western Union Enters Stablecoin Race with two new products
Western Union plans to launch its Solana-based stablecoin USDPT next month, initially for internal settlement to replace SWIFT rails and enable faster, always-on cross-border transactions. The company is also rolling out a Digital Asset Network to connect crypto wallets with its global retail network, alongside a “Stable Card” that lets consumers hold and spend stablecoins worldwide, signaling a full-stack push into onchain payments.
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