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Western Union (WU) gears up stablecoin launch to settle global transactions without SWIFT

Western Union (WU) is preparing to launch a stablecoin strategy that could reshape how the 175-year-old money transfer company settles payments across its global network. Western Union’s U.S. dollar stablecoin (USDPT) is in the final stages of preparation and is expected to launch next month, CEO Devin McGranahan said during the company’s first-quarter earnings call….

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