๐ฅ๐ฅ๐ฅHOT: Western Union Launches Stable coin Payment Pilot!
Global remittance giant Western Union is preparing to launch a pilot program using a stable coin-based payment system to serve over 150 million customers worldwide ๐
During its Q3 earnings call, CEO Devin Mc Granahan revealed that the initiative aims to:
๐ Reduce reliance on traditional banks
๐ Speed up transactions
๐ Cut costs while increasing transparency through blockchain technology
If successful, Western Union could become a massive bridge between traditional finance and crypto.
๐ Stable coins might be entering their mainstream adoption era
๐ฌ What do you think โ is Western Union laying the first brick for Web3 remittance?
