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Western Union Explores Stablecoin Integration Following GENIUS Act Passage

Western Union Explores Stablecoin Integration Following GENIUS Act Passage

Published:
2025-07-22 15:19:02
10
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BTCCSquare news:

Western Union, the 175-year-old remittance giant, is actively exploring the integration of stablecoins into its digital wallet infrastructure. CEO Devin McGranahan confirmed the company is seeking partnerships for regulated on- and off-ramp services, marking a strategic shift toward modernizing cross-border payments.

The move comes amid growing institutional interest in stablecoins, accelerated by the U.S. GENIUS Act. Signed into law by President Donald Trump, the legislation provides regulatory clarity by mandating full reserve backing and annual audits for major issuers. Market participants view this as a catalyst for broader crypto adoption in traditional finance.

|Square

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