What to Know:
- 1️⃣ A global remittance giant is piloting stablecoin-based settlement rails to speed up cross-border payments, cut costs, and boost transparency for its 150M+ users.
- 2️⃣ Regulatory clarity drives innovation with the US’ GENIUS Act providing a compliance framework for Western Union and other institutions to safely adopt blockchain infrastructure.
- 3️⃣ By allowing customers to hold US dollar-linked assets, stablecoins empower financial freedom, stability, and choice.
- 4️⃣ As Western Union and major financial players move toward tokenized payments, Best Wallet Token ($BEST) stands out with its multi-chain wallet, DeFi access, and growing $16.6M presale.
Global remittance leader Western Union (WU) has announced a bold leap into the crypto era in its latest earnings call.
CEO Devin McGranahan revealed a pilot program to leverage stablecoin-based settlement rails in a move that could reshape how money moves across borders and open up new opportunities for token-centric ecosystems such as Best Wallet Token ($BEST).
‘We are actively testing stablecoin-enabled solutions in our treasury operations,’ he said, adding that WU is expanding its partnerships and capabilities to enable its customers to move and hold stablecoin digital assets.
‘This is not about speculation. It is about giving our customers more choice and control in how they manage and move their money.’
Western Union handles roughly 70M transfers every quarter and serves more than 150M customers globally, spanning 200+ countries.
For decades, its infrastructure has depended on the correspondent-banking network – a system known for being slow, expensive and opaque, but highly profitable. In the Q2 2025, WU’s revenue exceeded $4B.
By piloting stablecoin settlement, WU aims to slash settlement windows, lower capital costs and increase transparency. As McGranahan put it, ‘we see significant opportunities for us to be able to move money faster with greater transparency and at lower cost without compromising compliance or customer trust.’
A Strategic Shift Enabled by Regulation
Historically, Western Union hesitated to enter the world of crypto due to concerns over volatility, customer protection and regulatory clarity.
Stablecoins aren’t just about speed and cost; they carry real value for users in high-inflation countries or currencies under pressure.
Western Union acknowledged that being able to hold a US-dollar-denominated asset gives customers choice and agency, benefits that go beyond simple financial efficiency.
That agency and control are the same factors that power $BEST and the Best Wallet ecosystem.
Best Wallet Token ($BEST) – Utility Token Providing Low Fees for Leading Self-Custody Web3 Wallet
Best Wallet Token ($BEST) provides enhanced utility for the Best Wallet app, a next-generation Web3 ecosystem designed to simplify crypto ownership, trading, and on-chain finance.
A self-custodial, all-in-one gateway for decentralized asset management, Best Wallet integrates a suite of advanced features into one platform:
- Multi-chain support
- Multi-wallet capability
- MPC and biometric security
- DeFi access
$BEST powers the platform’s core features – it increases staking rewards, unlocks premium crypto presale access, and lowers transaction fees.
Beyond its wallet functionality, Best Wallet is a central hub for Web3 innovation. In addition to the Best Wallet and $BEST token, the upcoming Best Card will make it easier than ever to use your crypto for everyday purchases.
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The Best Wallet Token is currently presale. So far, over $16.6M has already been raised, including major whale buys of $70K, $50K, and $49K, underscoring investor interest.
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As Western Union launches its stablecoin pilot and expands partnerships in preparation for stablecoin integration, the company also marks a potential inflection point for global remittances and the broader crypto ecosystem.
And as more institutional players integrate blockchain rails, the opportunities for tokenized infrastructure – and by extension, projects like $BEST – become more compelling.
Ready to join the presale? Buy Best Wallet Token before the next price increase.
Always do your own research – this isn’t financial advice.
Authored by Bogdan Patru for Bitcoinist – https://bitcoinist.com/western-union-plans-stablecoin-transfers
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