By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

BTCRepublic: Timely News & Analysis for Smarter Trading.

  • ABOUT
  • DISCLAIMER
  • CONTACT
New Logo Black BTCRepublic BTCRebpublic-New White Logo
  • Guides
    • Bitcoin
    • Ethereum
    • Altcoins
    • Blockchain
    • DeFi
    • Mining
    • NFTs
    • Wallets
  • News
    • Bitcoin News
    • Ethereum News
    • Altcoins News
    • NFT News
    • Memecoin News
    • Blockchain News
    • Stablecoins News
    • DeFi News
  • Reviews
    • Exchanges
    • Wallets
    • Casinos
    • Services
  • Price Predictions
    Price PredictionsShow More
    Solana (SOL) Price Faces Correction, But Bulls Eye $205
    Solana (SOL) Price Faces Correction, But Bulls Eye $205
    October 14, 2025
    Ethereum Price Prediction 2024, 2025
    Ethereum Price Prediction 2024, 2025: What to Expect for ETH by 2030
    October 18, 2025
    Bitcoin Price Rises To $78k
    Bitcoin Hits $65K as China Unveils Stimulus (September 2024)
    October 16, 2025
    Ethereum (ETH) Surged 15%
    Ethereum (ETH) Surged 15% In 7 Days Despite Whale Selloff
    October 14, 2025
    Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Model
    Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Models
    October 14, 2025
  • About US
  • Privacy Policy
  • Editorial Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Sitemap
Reading: Western Union Bets on Stablecoins to Revive Global Remittance Dominance
Share
  • bitcoinBitcoin(BTC)$114,881.74
  • ethereumEthereum(ETH)$4,166.02
  • tetherTether(USDT)$1.00
  • binancecoinBNB(BNB)$1,145.66
  • rippleXRP(XRP)$2.65
  • solanaSolana(SOL)$200.26
  • usd-coinUSDC(USDC)$1.00
  • staked-etherLido Staked Ether(STETH)$4,164.47
  • dogecoinDogecoin(DOGE)$0.203114
  • tronTRON(TRX)$0.299956
Font ResizerAa
BTCRepublicBTCRepublic
  • Guides
  • News
  • Reviews
  • Price Predictions
Search
  • Guides
    • Bitcoin
    • Ethereum
    • Altcoins
    • Blockchain
    • DeFi
    • Mining
    • NFTs
    • Wallets
  • News
    • Bitcoin News
    • Ethereum News
    • Altcoins News
    • NFT News
    • Memecoin News
    • Blockchain News
    • Stablecoins News
    • DeFi News
  • Reviews
    • Exchanges
    • Wallets
    • Casinos
    • Services
  • Price Predictions
Follow US
  • About US
  • Privacy Policy
  • Editorial Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Sitemap
© 2025 All Rights Reserved by BTCRepublic.

Home - News - Western Union Bets on Stablecoins to Revive Global Remittance Dominance

NewsStablecoins News

Western Union Bets on Stablecoins to Revive Global Remittance Dominance

Western Union, the world’s oldest name in money transfers, is now betting on stablecoins to keep its place in the changing financial world.

Oladapo Timothy
Last updated: October 14, 2025 8:27 am
Oladapo Timothy
Published: October 14, 2025
Share
Western Union Stablecoins to Revive Global Remittance Dominance
SHARE
Highlights
  • Western Union CEO says stablecoins bring new opportunities to speed up global money transfers securely.
  • New stablecoin plans aim to help people quickly convert digital dollars into local cash worldwide.
  • GENIUS Act provides clear stablecoin rules, giving legacy payment giants like Western Union green light.

Western Union, the world’s oldest name in money transfers, is now betting on stablecoins to keep its place in the changing financial world. Faced with rising competition and dropping revenues, the company is taking bold steps to blend old-school money transfers with modern digital coins. 

But is it too late, or just the beginning of something bigger?

btcrepublic advertise

New Plans for a Faster, Cheaper Future

Western Union’s CEO, Devin McGranahan, made it clear this week that stablecoins are not a threat but an opportunity. In a recent interview, he explained how the company wants to let people buy and sell stablecoins through its own platform. 

Outline
  • New Plans for a Faster, Cheaper Future
  • Stablecoins Shake Up Legacy Remittances
  • Regulation Clears the Path

By doing this, they hope to cut costs, speed up transfers, and help people move money across borders without the usual banking delays.

They’re already testing new settlement systems in places like South America and Africa regions where people often need fast ways to turn digital dollars into local cash. For many, stablecoins could be a safe place to store money as local currencies lose value.

Stablecoins Shake Up Legacy Remittances

It’s no secret that traditional money movers like Western Union and MoneyGram have been feeling the heat. New players like Wise and Remitly brought cheaper, online-only options that ate into their market share. 

Stablecoins, with their speed, low transaction costs, and liquidity, have increasingly disrupted the traditional remittance industry

btcrepublic advertise 2

Meanwhile, the company’s decision comes amid a 22% drop in Western Union app downloads and a 6% decline in Q1 2025 revenue to $984 million. Even MoneyGram saw this coming and launched its own MoneyGram Wallet last year, which lets people send USDC stablecoins and pick up cash in over 180 countries.

Regulation Clears the Path

Industry experts say legacy players must adapt to survive, and now is the perfect time as President Trump’s new GENIUS Act brings clear rules for stablecoins in the US.. With better regulations, big banks and legacy payment companies like Western Union finally feel ready to jump in.

With the stablecoins market cap hitting a record $262 billion, Western Union’s move may be its strongest step yet toward staying relevant in the rapidly evolving payments landscape.

El Salvador and Argentina Team Up to Revolutionize Digital Assets
Indodax Exchange Hacked! Millions Stolen In Polygon (MATIC) And Tron (TRX)
Nexo Resumes UK Registrations After 10-Month FCA Compliance Pause
Borrowing Protocol DeltaPrime Drained Over $7M Amid Apparent Private Key Leak
Spot Ethereum ETFs Post $107M Inflows On First Day of Trading
TAGGED:StablecoinWestern Union

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
Subscription Form
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Print
Avatar for Oladapo Timothy
ByOladapo Timothy
Follow:
An expert, trader and writer with extensive experience of digital assets, covering everything related to the burgeoning crypto industry — from price analysis to Blockchain disruption. I have authored more than 2,000 stories for crypto and fintech media outlets. I am particularly interested in regulatory trends around the globe that are shaping the future of digital assets.
Previous Article Ether Lost Forever Hits $3.4B Due To User Error, Coinbase Exec Warns Ether Lost Forever Hits $3.4B Due To User Error, Coinbase Exec Warns
Next Article India’s Former MP Calls For Crypto Tax Cuts and Clear Rules India’s Former MP Calls For Crypto Tax Cuts and Clear Rules
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
Subscription Form
Binance and Israeli Forces Allegedly Seize Palestine Crypto
Binance and Israeli Forces Allegedly Seize Palestine Crypto
News
Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Model
Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Models
Price Predictions
How To Buy Ripple (XRP) - A Step-by-Step Guide For Beginners
How To Buy Ripple (XRP) 2024 – A Clean Guide For Beginners
Altcoins
Indian High Court Orders Take Down of Mudrex Impersonation Scammers
Indian High Court Orders Take Down of Mudrex Impersonation Scammers
News

Follow Us on Socials

BTCRepublic use social media to react to hot news, update supporters and share authentic and factful information

Facebook Twitter Linkedin Telegram Pinterest
New Logo Black BR


BTCRepublic is the go-to source for comprehensive news coverage on blockchain technology, cryptocurrencies, non-fungible tokens, and Web3 gaming. Our content ranges from market trends to in-depth price analysis, fresh developments, interviews, and beginner guides.

Subscribe to our newsletter

Stay ahead of the curve with the BTCRepublic newsletter. By subscribing, you will get information about what is happening in the Web3 world straight to your inbox.

Subscription Form (#3)

More

  • About US
  • Privacy Policy
  • Editorial Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Sitemap
Reading: Western Union Bets on Stablecoins to Revive Global Remittance Dominance
Share
© 2025 All Rights Reserved by BTCRepublic