Western Union eyeing stablecoin launch to settle global transactions without SWIFT, CEO says

Western Union eyeing stablecoin launch to settle global transactions without SWIFT, CEO says

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailWestern Union eyeing stablecoin launch to settle global transactions without SWIFT, CEO saysThe 175-year-old money-transfer firm also plans to issue a stablecoin-linked card for payments and cash-out options from crypto to local currencies, CEO Devin McGranahan said.By Krisztian Sandor|Edited by Nikhilesh De Apr 27, 2026, 8:35 p.m. Make preferred on Western Union (Shutterstock)What to know: Western Union is on track to launch its U.S. dollar stablecoin USDPT next month, CEO Devin McGranahan said during the firm's earnings call.The company will initially use USDPT behind the scenes as an alternative to the SWIFT interbank network, aiming for real-time, around-the-clock settlement with its agents, McGranahan said.Western Union is also deve

Source: https://www.coindesk.com/business/2026/04/27/western-union-eyeing-stablecoin-launch-to-settle-global-transactions-without-swift-ceo-says