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CryptoWorld News reports that Wu has learned that Dragonfly investor Omar stated that Western Union plans to advance its stablecoin business, including launching next week a payout network that will support converting stablecoins to fiat currency through its branches. This quarter, a stablecoin called USDPT will be issued on Solana and used to pay agent branches, in order to reduce about $500 million in prepaid funds tied up. At the same time, Western Union will also roll out a stablecoin payment card for cross-border remittance and spending scenarios.