NYSE:WUDiversified Financial
Western Union Balances Stablecoin Push And Intermex Deal With Low P/E
Western Union (NYSE:WU) plans to launch a USD stablecoin and a new Digital Asset Network.
The company has also announced a pending acquisition of Intermex to expand its retail presence.
Both initiatives are aimed at reshaping how Western Union participates in global money movement and remittances.
Western Union, long known for cash focused remittances, is now moving deeper into digital assets through a planned USD stablecoin and supporting network. This comes as money transfer activity...