PANews July 22 news, according to Cryptobriefing, Western Union CEO Devin McGranahan stated in an interview on Bloomberg's The Close on Monday that Western Union views stablecoins as an opportunity. 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 fast remittances, stablecoin and fiat currency exchange, and providing customers with value storage tools. He added, 'We believe that 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 exploring cooperation to offer stablecoin services in its digital wallet.
