Can stablecoins save @WesternUnion?
Their revenue is down 25% as digital players like @Wise and @remitly take share. While they're looking at stablecoins for treasury, that's not a unique edge as their rivals can do the same.
WU's real moat is its 400K global agent locations.
By leaning into this network, WU can become the indispensable cash-to-stablecoin bridge for millions of cash-reliant individuals AND for fintechs needing a white-label on/off-ramp to the physical world.
This buys them time against the decline of cash and gives them a foothold in its digitization. It's the wedge they need to build a wallet, bundle services, and truly bank the unbanked.
No, stablecoins won’t save yesterday’s remittance model. But they are the key to unlocking WU's future as critical infrastructure for the new digital economy.
Read the full breakdown in my latest article. Link in the comments. 👇
Their revenue is down 25% as digital players like @Wise and @remitly take share. While they're looking at stablecoins for treasury, that's not a unique edge as their rivals can do the same.
WU's real moat is its 400K global agent locations.
By leaning into this network, WU can become the indispensable cash-to-stablecoin bridge for millions of cash-reliant individuals AND for fintechs needing a white-label on/off-ramp to the physical world.
This buys them time against the decline of cash and gives them a foothold in its digitization. It's the wedge they need to build a wallet, bundle services, and truly bank the unbanked.
No, stablecoins won’t save yesterday’s remittance model. But they are the key to unlocking WU's future as critical infrastructure for the new digital economy.
Read the full breakdown in my latest article. Link in the comments. 👇
Read Stablecoin Blueprint, the weekly deep dive into news, insights and opportunities in Stablecoin Payments and Onchain Financechukxyz.substack.com/p/stablecoins-…
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