Western Union, a company with a rich 175-year history of innovation, has made an important announcement. The head of the company, Devin McGranahan, shared his plans: the company intends to integrate stablecoins into its international operations. He stressed that cryptocurrencies are not a competitor, but a new tool that Western Union plans to actively use.

What exactly are they planning to do?

First of all, they will focus on creating the necessary infrastructure. Western Union is actively looking for partners to launch services that will allow users to easily transfer regular money to and from stablecoins (for example, USDT or USDC). In addition, they are considering adding support for these digital assets to their own or partner digital wallets. This will open up new opportunities for fast international transfers.

McGranahan highlighted the key reasons for this decision. Firstly, it significantly reduces the time for international transfers, bypassing traditional banking procedures. Secondly, it simplifies and reduces the cost of exchange between different currencies using stablecoins as a universal intermediary. And, importantly, providing a reliable way to store funds for residents of regions with high inflation and unstable currencies.

This strategic turnaround has received strong support due to a recent event. We are talking about the signing of the important GENIUS law by US President Donald Trump. Trump noted that this law "strengthens America's leadership in the development of modern finance and cryptotechnology."

Thus, Western Union, having gained confidence from the GENIUS law, is not just adapting to new trends – it plans to become one of the key participants in the formation of a new reality, where stablecoins are becoming a familiar tool not only for crypto enthusiasts. Their goal is to make these digital assets accessible, reliable, and efficient for global payments for everyone.