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Western Union's Stablecoin Push After GENIUS Act

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Western Union’s stablecoin services are actually being explored right now by CEO Devin McGranahan, and this comes after the Trump GENIUS Act was signed into law recently. The move represents a major shift for blockchain payment innovation in the traditional remittance space, along with showing how the 175-year-old company now sees crypto money transfer technology as a real opportunity to modernize their stablecoin remittance solution offerings. Western Union’s Stablecoin Push Signals Crypto Remittance Disruption Western Union CEO Devin McGranahan at NYSE discussing stablecoin opportunities – Source: Bloomberg McGranahan has confirmed that Western Union’s stablecoin integration plans are being developed following his Bloomberg interview, and he’s emphasizing how the company is ready to embrace blockchain payment innovation. The CEO outlined three key areas where crypto money transfer technology could actually enhance their services: faster cross-border trans...

Africa: The next hub for Bitcoin, crypto adoption and venture capital?

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Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it. The crypto currency space has no shortage of skeptics. While many people criticize the environmental impact of proof-of-work blockchains or the proliferation of scams, one particular argument against crypto often stands out: Blockchain has no real use cases.  Every two weeks, Cointelegraph’s The Agenda podcast breaks down this critique and explores the various ways blockchain and crypto can help everyday people. On this week’s episode of The Agenda , hosts Jonathan DeYoung and Ray Salmond chat with Elisha Owusu Akyaw, Cointelegraph’s own social media specialist and host of the Hashing It Out podcast, to break down how Africans are using crypto to strengthen financial inclusivity and potentially turn countries into hubs of technological innovation. How crypto is helping everyday Africans According to Akyaw, crypto offers ...