Global financial services company Western Union is making a strategic move into the world of stablecoins, responding to the evolving landscape created by the recent passage of the GENIUS Act in the US. On Tuesday, the company announced its intention to launch the US Dollar Payment Token (USDPT), a new stablecoin, alongside its Digital Asset…
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How Western Union’s Acquisition Of Intermex Is A Win For Ripple And XRP
Global financial services company Western Union’s acquisition of International Money Express, Inc. (Intermex) is drawing attention from the crypto space, as analysts highlight its potential boost for Ripple and XRP. With Intermex confirmed as an On-Demand Liquidity (ODL) user of Ripple, the deal could strengthen blockchain-powered payment flows across the US while expanding Western Union’s…