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WU

Western Union Company

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About Western Union Company

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**Ban Bet Created:** **/u/Sarikz9** bet **WU** goes from **9.44** to **12.0** before **29-Dec-2025 06:22 PM EDT** Their record is 0 wins and 1 losses. [**Join WSB Discord**](https://discord.gg/wsbverse) | [**⚔**](https://www.reddit.com/r/KarmaCave/)
!banbet WU 12 60D
Western union $WU, bought at 8.02$ now at 9.50$. potential for a buyout also. keep your eyes peeled
Is it really? I honestly have not yet figured out what the effect, if any, of this is. If WU can now remit payments using its own stablecoin, then that certainly eliminates the commission cost of the front-end cash dealers. But! Usually those remittances are to less tech-savvy places so I am not sure the utility of a stablecoin in the first place. THIS MAKES NO SENSE to me. Someone break it down if they can.
Uhh: DENVER--(BUSINESS WIRE)-- "The Western Union Company (“Western Union”) (NYSE: [WU](https://www.stocktitan.net/overview/WU)) today announced its plan to launch U.S. Dollar Payment Token (USDPT), its new stablecoin, and an innovative Digital Asset Network designed to bridge the digital and fiat worlds, enabling real world utility for digital assets. Built on Solana and issued by Anchorage Digital Bank, Western Union aims to launch USDPT, expanding the ways to move money for customers, agents and partners, and to support the company’s treasury capabilities." I haven't used Western Union in my entire life but... doesn't this essentially make them THE Crypto play in basically ALL the emerging markets?! Correct me if I am wrong...
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