Western Union is piloting a stablecoin-based settlement system for global remittances
Western Union is testing stablecoin settlements for faster remittances. The GENIUS Act in the United States has boosted confidence in blockchain-based payment systems. The company plans on/off-ramp partnerships to link crypto and fiat. Global payments leader Western Union is preparing to launch a pilot project that will test a stablecoin-based settlement system aimed at transforming [.] The post Western Union is piloting a stablecoin-based settlement system for global remittances appeared first.
