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Western Union Launches Stablecoin Pilot to Redefine Global Money Transfers
#Western Union is stepping into the next era of finance with a groundbreaking stablecoin pilot, aiming to transform how money moves across borders. The initiative will enable customers to send and receive funds using blockchain-based stable assets, offering faster, cheaper, and more transparent transactions across more than 200 countries and territories.
CEO Devin McGranahan emphasized that the pilot leverages on-chain settlement to drastically reduce transfer times and enhance capital efficiency—directly challenging the slow, high-cost systems of traditional banking. Beyond efficiency, the move empowers users in inflation-hit or unstable currency regions to preserve value through dollar-denominated digital assets. As competitors race to integrate crypto solutions, Western Union’s stablecoin expansion marks a bold step toward borderless financial connectivity.
$BTC $ETH $BNB #Write2Earn
CEO Devin McGranahan emphasized that the pilot leverages on-chain settlement to drastically reduce transfer times and enhance capital efficiency—directly challenging the slow, high-cost systems of traditional banking. Beyond efficiency, the move empowers users in inflation-hit or unstable currency regions to preserve value through dollar-denominated digital assets. As competitors race to integrate crypto solutions, Western Union’s stablecoin expansion marks a bold step toward borderless financial connectivity.
$BTC $ETH $BNB #Write2Earn
Happy Friday, here are the most relevant facts from this December 5th 👇
🔸Bitcoin is trading above USD 91,500, registering a slight drop of 1.8% in the last 24 hours.
🔹In #Venezuela , the price of $USDT already exceeds 400 bolivars.😓
🔹#Western Union will launch a card to make payments with settlements in cryptocurrencies.
🔹A bettor won more than USD 1 million in different bets in #Polymarket , which has raised suspicions of possible market manipulation.
🔹In Spain, a network of money laundering of cryptocurrencies has been dismantled and more than USD 700 million has been seized.$BTC
$BNB
$ETH
🔸Bitcoin is trading above USD 91,500, registering a slight drop of 1.8% in the last 24 hours.
🔹In #Venezuela , the price of $USDT already exceeds 400 bolivars.😓
🔹#Western Union will launch a card to make payments with settlements in cryptocurrencies.
🔹A bettor won more than USD 1 million in different bets in #Polymarket , which has raised suspicions of possible market manipulation.
🔹In Spain, a network of money laundering of cryptocurrencies has been dismantled and more than USD 700 million has been seized.$BTC
$BNB
$ETH
🇷🇺 #Russian President #Putin says "for centuries, #Western elites grew accustomed to filling their bellies with human flesh and their pockets with money."
"This ball of vampires is about to end."
#BinanceLaunchpoolHMSTR #CATIonBinance
"This ball of vampires is about to end."
#BinanceLaunchpoolHMSTR #CATIonBinance
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