Western Union joins stablecoin race, eyes crypto partnerships — CEO

Western Union is exploring stablecoin integration for cross-border transfers, conversions and digital wallets, positioning it as an innovation opportunity.

Western Union is exploring stablecoin integration for cross-border transfers, conversions and digital wallets, positioning it as an innovation opportunity.
US spot Ethereum exchange-traded funds (ETFs) saw heavy redemptions on Aug. 18, with investors pulling $196.6 million in a single day. Data from SoSoValue showed that this was the second-largest daily outflow since the products debuted and the fourth outflow this month. According to the data, most of the day’s losses came from the two…
The ten highest-grossing crypto protocols generated $1.2 billion in income throughout the 30 days ending Aug. 28, representing a 9.3% improve from the earlier month’s whole of $1.1 billion per DefiLlama data. Ethena led the proportion good points with a 243% income surge, leaping from $9.46 million to $32.48 million, as its artificial greenback USDe…
Galaxy head of research Alex Thorn criticized the business model of many Ethereum (ETH) layer-2 (L2) blockchains as “ETH extractive.” In an Aug. 6 social media post, Thorn argued that L2 networks retain most of the fee revenue while contributing relatively little back to the Ethereum L1. Thorn added that most L2s are controlled by single…
Spot Ethereum exchange-traded funds took in about $3.9 billion in August whereas U.S. Bitcoin ETFs posted roughly $750 million in internet redemptions. The cut up extends a summer time stretch in which Ethereum funds have constantly drawn capital since late July, as Bitcoin merchandise noticed intermittent outflows. The rotation follows a document July for Ethereum…
The US Securities and Exchange Commission (SEC) could soon approve spot exchange-traded funds (ETFs) for digital assets with a strong futures market presence. A recent filing from the Chicago Board Options Exchange (CBOE) offers new clues about how the agency may approach crypto ETF approvals in the future. SEC’s crypto ETF listing standard On July…
The typical knowledge says veteran holders don’t promote into weak point. They accumulate via drawdowns, harvest beneficial properties throughout euphoria, and in any other case sit nonetheless whereas newer cohorts churn. Late 2025 is testing that mannequin. Across Ethereum, XRP, and pockets of the DeFi stack, dormant whales are shifting provide to exchanges as mid-term…