Western Union Joins the Stablecoin Race as Legacy Payments Face Disruption

Western Union has decided that if you can’t beat them, join them, as reports indicate the 175-year-old money transfer company is adopting stablecoins. Stablecoin-fiat conversions remain a hot topic, with the former’s edge bordering on speed and liquidity. Western Union Responds to Stablecoin Surge with Digital Wallet Integration Plans Western Union CEO Devin McGranahan appeared during a Monday interview with Bloomberg’s The Close. He said the firm is planning to integrate stablecoins into its global payment systems source: https://beincrypto.com/western-union-adopts-stablecoins/