Western Union Explores #Stablecoin Integration Plans


#WesternUnion is assessing ways to integrate stablecoins into its digital wallet infrastructure following the #GENIUS Act passage.


CEO Devin McGranahan told Bloomberg the company views #stablecoins as an opportunity rather than a threat to its remittance business.


The 175-year-old financial giant is exploring partnerships for on-ramp and off-ramp services, enabling clients to buy and sell stablecoins.


Western Union sees three key opportunities: faster cross-border transfers, fiat-to-stablecoin conversion, and store-of-value services.


The exploration comes after President Trump signed the landmark #GENIUS Act establishing federal stablecoin regulations.

image
July 22, 2025 at 11:35 AM
16