Even the veteran remittance giants can’t sit still anymore—Western Union is getting serious this time 💳



There’s some news worth talking about recently. Western Union has launched something called the “Stable Card,” which lets people in places like Argentina and Turkey—where the local currency is depreciating rapidly—use stablecoins like USDT for daily expenses and cross-border transfers.

Honestly, this is pretty significant. Traditional financial institutions are actually stepping in to launch products, which is basically telling the market through their actions: the stablecoin path is viable, and it’s a steady one. For users whose money is losing value every day, this offers a lifeline—you don’t have to just watch your savings get eaten up by inflation.

What’s even more interesting are the ripple effects. With Western Union jumping in, it’s like giving stablecoins an official stamp of approval. Think about it: if hundreds of millions of people start using USDT for groceries, transfers, and payroll, how massive is that demand going to be? Payments were already a highly competitive sector, and now with traditional giants bringing their user base and credibility, the competition will only get fiercer.

But looking at it from another angle, this is also a real signal that crypto is going mainstream. It’s no longer just about speculation—it’s becoming an actual tool for daily life. Which blockchains can handle this surge in payment demand? Which projects have technological advantages in cross-border settlements? These are the key areas to watch next.

In short, this isn’t just dipping a toe in—it’s a direct offensive. The story of stablecoins might just be getting started.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)