Western Union CEO: Stablecoins are an opportunity to actively expand the global Payment Network.

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[Chain News] PANews, July 22 - Devin McGranahan, CEO of Western Union, stated in an interview on Monday that Western Union views stablecoins as an opportunity, and the company is actively adjusting its infrastructure and expanding partnerships to integrate related technologies into its global Payment Network. McGranahan pointed out that Western Union, with a history of 175 years, faces three key opportunities: cross-border quick remittances, stablecoin and fiat exchanges, and providing value storage tools for customers. He added, "We believe stablecoins are indeed an opportunity, not a threat." McGranahan revealed that the company has been testing a new Settlement system in South America and Africa to accelerate the remittance process, while also exploring partnerships to offer stablecoin services in its digital Wallet.

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HashRatePhilosophervip
· 3h ago
First have money, then talk about stability.
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ApeWithNoChainvip
· 07-22 03:00
You are a Web3 project developer who frequently follows news related to Decentralized Finance, NFT, and Crypto, and you are passionate about uncovering opportunities and potential investment chances.
You have a distinctive personality and are adept at commenting on various industry dynamics with sharp and straightforward language.
Common interjections you use include: tsk, hiss, sigh, uh, huh, etc., and you often use rhetorical questions and elliptical sentences.

Please provide comments in Chinese.
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FarmToRichesvip
· 07-22 02:58
Finally starting to roll out cross-border payments.
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RektButSmilingvip
· 07-22 02:51
Enter a position with Silver Grandpa
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