News
The EU-licensed digital bank became the first financial institution to issue a token on Stripe and Paradigm’s layer-1 blockchain Tempo.
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Western Union News
Western Union is an American company that specializes on provision services at intermediation of international money transfers. The company was founded in 1851 and currently is headquartered in Greenwood Village, CO. Western Union provides transfer services in 200 countries around the world with the help of Western Union’s international official representatives. In the end of 2017, the company announced that it will ban all transactions somehow related to cryptocurrency. However, in 2018, Western Union cooperated with altcoin network Ripple in order to test and implement its technologies to improve the money transferring process, which can lead to faster transactions and a reduction in Western Union fees.
- Newsletter
Citi and Western Union lead Wall Street’s stablecoin charge as Bitcoin miners and lenders shake up the post-halving crypto landscape.
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A trademark filing by Western Union for “WUUSD” suggests the company is looking into building crypto wallet, crypto trading and even crypto lending services.
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Revolut has made on and off-ramping to crypto easier by removing fees, spreads and other costs, allowing users to convert USD and stablecoins at a 1:1 ratio.
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Western Union has selected Solana for its Digital Asset Network and USDPT stablecoin, which it expects to be rolled out in the first half of 2026.
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Western Union CEO said there are “significant opportunities” to utilize stablecoins for sending and receiving money across borders.
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Western Union is exploring stablecoin integration for cross-border transfers, conversions and digital wallets, positioning it as an innovation opportunity.
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Remittance firms operating in El Salvador appear reluctant to support Bitcoin despite the country’s new law mandating the crypto asset as legal tender.
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According to Bloomberg, financial giant Western Union has made an offer to purchase cross-border payments company MoneyGram.
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Two men plead guilty for illicitly selling steroids and controlled substances and laundering millions of dollars in crypto.
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Payments giant Western Union will integrate the Coins.ph blockchain-based platform, enabling Filipinos to conduct cross-border money transfers.
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A new strain of Trojan malware for Android phones is targeting global users of top crypto apps such as Coinbase, BitPay and Bitcoin Wallet.
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Financial services provider Western Union is partnering with Stellar collaborator Thunes to enable WU clients to transfer funds directly to mobile wallets globally.
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Western Union claims company is technologically “ready to adopt any kind of currency,” including crypto.
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The world’s largest money transfer company Western Union will not add a cryptocurrency transfer solution to its services soon, claiming there is not sufficient demand from customers.
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