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People are sending money with crypto and stablecoins instead of old-school services like WU. Western Union sees the writing on the wall and is adapting. By using blockchain, they can cut fees and move money across borders much faster.

Their next step: team up with Solana to launch USDPT, a dollar-backed stablecoin issued by Anchorage Digital. It’s planned to go live next year on Solana’s fast, low-cost network.

This upgrade plugs Western Union’s system into Solana so customers and agents can move digital dollars easily and securely—showing a long-time player can modernize and compete in the crypto era.

Also enter Toly on why UX is everything

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InvestorMainiac

Great to see company leaders with the humility to pivot. Well done WU (and good choice with SOL!)