According to Coindesk, Devin McGranahan, CEO of international money transfer company Western Union, said that stablecoins are "an opportunity rather than a threat" for the company.
McGranahan believes that any way for users to send money across borders faster and cheaper would benefit Western Union and its customers. "As far as I know, you can't buy Coca-Cola with stablecoins, so converting stablecoins to fiat currencies, especially those that are difficult to exchange, is an opportunity for us," he noted.
Western Union CEO: Stablecoins are an opportunity, not a threat
2025-07-22 09:09:03
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