Western Union Pilots Stablecoin System to Modernize Global Remittances

Western Union has launched a stablecoin-based pilot project to enhance cross-border money transfers for its 150 million customers. The initiative, announced during the company's October 23 Q3 earnings call, aims to deliver faster and cheaper transactions through on-chain settlement. While not directly involving SHIB, the move could boost broader crypto adoption, potentially benefiting major digital assets.