PANews reported on December 6th that, according to Criptonoticias, international remittance giant Western Union announced the issuance of payment cards that support pre-charged stablecoins. Initially targeting countries and regions with high inflation, this move aims to further expand its strategy of integrating digital assets into payment services. Western Union CFO Matthew Cagwin stated that the payment card primarily provides greater stability to purchasing power, especially in economies with significant currency depreciation, such as Argentina where inflation exceeded 200% last year. The USD-denominated stablecoin card helps remittance recipients better preserve the value of their funds. Furthermore, Western Union revealed that it is also preparing to launch USDPT, a USD payment token issued by Anchorage Digital on the Solana network, previously planned for a 2026 launch.PANews reported on December 6th that, according to Criptonoticias, international remittance giant Western Union announced the issuance of payment cards that support pre-charged stablecoins. Initially targeting countries and regions with high inflation, this move aims to further expand its strategy of integrating digital assets into payment services. Western Union CFO Matthew Cagwin stated that the payment card primarily provides greater stability to purchasing power, especially in economies with significant currency depreciation, such as Argentina where inflation exceeded 200% last year. The USD-denominated stablecoin card helps remittance recipients better preserve the value of their funds. Furthermore, Western Union revealed that it is also preparing to launch USDPT, a USD payment token issued by Anchorage Digital on the Solana network, previously planned for a 2026 launch.
International money transfer giant Western Union will launch payment cards that support stablecoin pre-deposits in high-inflation economies.
PANews reported on December 6th that, according to Criptonoticias, international remittance giant Western Union announced the issuance of payment cards that support pre-charged stablecoins. Initially targeting countries and regions with high inflation, this move aims to further expand its strategy of integrating digital assets into payment services. Western Union CFO Matthew Cagwin stated that the payment card primarily provides greater stability to purchasing power, especially in economies with significant currency depreciation, such as Argentina where inflation exceeded 200% last year. The USD-denominated stablecoin card helps remittance recipients better preserve the value of their funds. Furthermore, Western Union revealed that it is also preparing to launch USDPT, a USD payment token issued by Anchorage Digital on the Solana network, previously planned for a 2026 launch.
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