What Western Union’s Sudden Interest In Stablecoins Means For Your Money Transfers
Posted On July 22, 2025
Western Union is evaluating how to enable customers to buy, sell, and store stablecoins using its global infrastructure, according to comments made by CEO Devin McGranahan in a Bloomberg interview on Monday.
The move would mark a significant step in the convergence between traditional money transfer firms and blockchain-based digital assets.
What Happened: “We are exploring other partnerships with people who want on-ramps and off-ramps in different parts of the world,” McGranahan said, referencing crypto conversion pathways using Western Union’s existing cash-in and cash-out capabilities.
The company is currently piloting stablecoin-linked settlement experiments in South America and Africa …
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