Western Union is exploring the integration of stable coins into its service
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Payment giants have all acknowledged it.
Only Mastercard and Visa are left! Payment giant Western Union is exploring the integration of stable coins into its service system, providing entry and exit channels and digital wallet functionality.
Long-established payment companies are also getting into stablecoins; this move is smart, and I believe it can accelerate the modernization of cross-border payments, challenging the high fees of traditional remittances.
Today, the CertiK stablecoin report reached a scale of 250 billion, and with PancakeSwap launching on the Base network, the trend of DeFi and payment integration is evident, but there have been many whale cash-out events, so one must guard against volatility.
In the long term, Western Union's entry will drive the adoption rate of stablecoins, but before the regulatory draft is released, the market is in a wait-and-see mode. It is recommended to allocate to payment-related meme or DeFi projects for potential rebounds.
