USDPT (stablecoin)
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Top 2 Financial Stocks You May Want To Dump This Month
Benzingaยท 2025-10-30 12:00
Core Insights - Two stocks in the financial sector are signaling potential warnings for momentum-focused investors as of October 30, 2025 [1] Company Summaries - **Western Union Co (NYSE: WU)**: The company is set to launch a U.S. dollar-backed stablecoin, USDPT, on the Solana blockchain in the first half of 2026, aiming to enhance cross-border transfers for its 100 million global customers. The stock has increased by approximately 18% over the past five days, with a current RSI value of 76.4 and a closing price of $9.54 [7] - **Bank of NT Butterfield & Son Ltd (NYSE: NTB)**: The bank reported strong quarterly results, highlighting improved efficiency and increased banking and foreign exchange fees. The stock rose by about 5% over the past five days, with an RSI value of 70.6 and a closing price of $44.34 [7]