WESTERN UNION EYES STABLECOINS AS REMITTANCE MOAT SHRINKS

Summary from the TLDR Crypto newsletter

With revenue down 25% as digital-first rivals like Wise and Remitly take share, Western Union (WU) is piloting stablecoin settlement in South America and Africa. Its edge isn't the tech - others can adopt stablecoins too - but instead its 400K global cash agent network, which could make WU the key bridge from cash to stablecoins for individuals and fintechs. This pivot could buy time against the decline of cash while positioning WU as infrastructure for the digital economy.