📰 #WesternUnion releases "stable cards" — part of the stablecoin strategy

What is known: Western Union announced that it is working on launching new "stable cards" as part of its strategy to transition to digital assets.

Why is this important: In countries with high inflation, such a card can help protect remittances and savings from depreciation, especially for those receiving money from abroad.

What are the next plans: Western Union is reportedly also considering the issuance of its own stablecoin and the launch of a digital asset network for global remittances.