X @Solana

Stablecoin Strategy Pillars - Western Union (WU) outlines four pillars of their stablecoin strategy [1] - The strategy aims to unlock trapped capital, potentially "hundreds of millions" of dollars stuck in the banking system, to enable real-time payments [1] - This move to stablecoins could free up capital, eliminate approximately 2-day tie-ups via correspondent banking, and deliver capital-light real-time settlement on roughly $500 million per day, while also capturing currently forgone interest [1] - Western Union is partnering with four providers for on/off-ramps, expected to go live in the first half of 2026, enabling customers to send/receive stablecoins and on/off-ramp in person [1] - A stablecoin card will allow customers in high-inflation countries to spend stablecoin balances directly without needing to off-ramp to local cash [1] - Western Union intends to issue its own stablecoin on Solana to control economics, compliance, and distribution, and to grow beyond leveraging their brand [1] Market Perspective - The market has priced Western Union for death at 4x LTM PE (Last Twelve Months Price-to-Earnings ratio) [1] - The success of this transition is entirely an execution story with compelling upside if they pull it off [1]