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Payment giant Western Union Joins Stablecoin Race, Seeks Crypto Industry Partners

By: theblockbeats.news|2025/07/22 13:52:19

BlockBeats News, July 22nd, according to Cointelegraph, payment giant Western Union is exploring integrating stablecoins into its service system to drive modernization of cross-border payments.


Western Union CEO Devin McGranahan stated that the company sees stablecoins as an opportunity rather than a threat. He revealed that Western Union is currently in talks with major players in the crypto industry to launch stablecoin on-ramp/off-ramp services and digital wallet functionality.

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