Why Stablecoins and SWIFT May Have to Coexist

Cointelegraph Staff

(01:47 PM UTC)

1 min read

Some of the world’s largest remittance providers are accelerating their digital asset strategies as they look for faster settlement alternatives to traditional banking rails.

Western Union’s new stablecoin USDPT is the latest example of the growing overlap between traditional payments firms and crypto infrastructure. The money transfer company launched its Solana-based stablecoin on Monday in the…

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