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LATEST: Western Union to launch a crypto card preloaded with USD stablecoins $BNB
Western Union is preparing to roll out a crypto-linked payment card preloaded with stablecoins backed by the US dollar, marking a major expansion in its digital payments strategy. This card is designed to bridge traditional money services with blockchain-based finance, allowing users to store, transfer, and spend stablecoins in everyday transactions. $USTC
By leveraging USD stablecoins, Western Union aims to offer faster payments, lower fees, and more efficient cross-border transactions compared to traditional banking rails. The crypto card could have a particular impact in regions with limited banking services, where Western Union already has a strong presence. $RONIN
This development demonstrates the growing confidence among traditional financial giants in stablecoins as practical payment tools and highlights how legacy remittance companies are adapting to compete in a rapidly evolving global payments landscape.