Stablecoins infiltrate deeper into global finance as Western Union enters crypto

Western Union is piloting stablecoin remittance settlements in select corridors across South America and Africa, part of a closed-loop test announced by CEO Devin McGranahan during interviews on July 22. The company is also evaluating the development of a consumer-facing crypto wallet, signaling broader ambitions to integrate blockchain-based infrastructure into its global money transfer operations. […]