Western Union to Launch Stablecoin USDPT and Plans to Issue "Stable Card"
According to Odaily, Western Union announced that it will launch the Solana-based stablecoin USDPT next month as an alternative settlement network between the company and its agents.
In addition, Western Union plans to launch a digital asset network to connect crypto wallets with its existing retail and agent network, and intends to release a “Stable Card” in dozens of markets later this year to allow users to hold value in stablecoins and make global purchases. (The Block)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The rebound of the yen may only be temporary, Morgan Stanley bets on arbitrage trades making a comeback, USD/JPY expected to rise to 163.
Morgan Stanley believes that the recent strengthening of the Japanese yen is mainly due to the unwinding of short-term arbitrage trades and market bets on Japanese capital repatriation, rather than any substantial improvement in fundamentals.
Control Empresarial de Capitales reports $24.63 million PBF Energy common share sale
Cytokinetics director Robert E. Landry sells 1,000 common shares worth $74,660
DocuSign director Peter Solvik disposes of USD 3,004,020 in common shares
Crypto prices
More
