Western Union to Pilot Stablecoin Settlement System for Global Remittances
Global funds large Western Union is getting ready to pilot a stablecoin-based settlement system, marking its greatest transfer but towards blockchain-powered remittances. Key Takeaways: Western Union will pilot a stablecoin-based settlement system to modernize its international remittance operations. CEO Devin McGranahan stated onchain settlements might generate income transfers sooner, cheaper, and extra clear. The transfer…
