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Western Union Explores Stablecoins for International Transfers

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Western Union Explores Stablecoins for International Transfers

Global payments leader Western Union is preparing to launch a stablecoin-based settlement pilot, marking its most significant move toward blockchain-powered remittances. Specifically, the pilot aims to improve the company’s approach to managing its extensive payment network, which processes 70 million transactions quarterly across 200 countries and serves over 150 million customers worldwide.

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