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)
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Western Union will launch a payment card supporting stablecoin preloading, primarily targeting markets with high inflation economies.
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)