Odaily Planet Daily News: International remittance giant Western Union has announced the launch of a payment card that supports stablecoin preloading, currently targeting countries and regions with severe inflation. The initiative aims to further expand the integration of digital assets into its payment services strategy. Western Union CFO Matthew Cagwin stated that the card primarily provides greater purchasing power stability, especially in economies with significant currency depreciation, such as Argentina, where inflation exceeded 200% last year. Stablecoin cards denominated in US dollars can help remittance recipients better preserve value. Additionally, Western Union revealed that it is still preparing to launch the USD payment token USDPT, a stablecoin issued by Anchorage Digital on the Solana network, which was previously scheduled for launch in 2026. (Criptonoticias)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Price Prediction Teases $100 as Next Stop, while DeepSnitch AI Drives 100x Narrative Ahead of Highly-Awaited March Launch, Whereas Bitcoin Forms Deja Vu Pattern
The recent price action of Bitcoin reportedly mirrors a pattern from November through January that set the stage for BTC’s decline from around $90,000 to $60,000. This worrisome outlook reflects weak conviction among the “buy the dip” advocates.
However, DeepSnitch AI could be a breath of
CaptainAltcoin1h ago
Bitcoin ETFs See Daily Outflows While Solana ETFs Continue Weekly Inflows on March 23
Gate News bot message, according to the March 23 update, Bitcoin ETFs recorded a daily net outflow of 646 BTC (approximately $46.11 million), while maintaining a weekly net inflow of 1,331 BTC (approximately $94.95 million).
Ethereum ETFs experienced a daily net outflow of 27,679 ETH (approximately
GateNews2h ago