{
The Western Union Co

Companies

}

stablecoin adoption surges as traditional remittance giants face declining usage

Western Union and MoneyGram are facing significant declines in app downloads, with Western Union down 22% and MoneyGram 27%, as stablecoin adoption rises. Stablecoins offer faster, cheaper cross-border payments, attracting users in regions with currency instability and limited banking access. The stablecoin market surpassed $200 billion in capitalization in 2024, with major players like Tether and Circle earning substantial profits, prompting traditional remittance companies to consider integrating stablecoin payments.
CryptoSlate
United States Dollar Ripple USD USD Tether USDt CNY Ethena USD The Western Union Co USA Matthew Sigel Liz Bazurto Show more
Finance & Economy, Market Report
13:26 07.01.2025
Trending
Subcategory:
Cryptocurrency Markets Stock Market Updates Cryptocurrency Trends Central Bank Actions Cryptocurrency & Blockchain Regulations Anti-Money Laundering (AML) Regulations Decentralized Finance (DeFi) Innovations Banking & Investment Regulations Market Sentiment Analysis Cryptocurrency Regulations Inflation Rates & CPI Data Banking Regulations Corporate Responsibility & ESG Market Analysis and Predictions Mergers & Acquisitions Tokenomics and Crypto Economics Blockchain Technology Adoption Bond Market & Treasury Yields SEC & Financial Compliance ESG & Sustainable Finance Regulations
Countries:
USA CHE CHN JPN DEU HKG CAN BTN KOR GBR IND AUS FRA LUX ARE SGP RUS TWN CZE NLD
Companies:
Coinbase Global, Inc. Ripples USD Chainlink USD Ripple USD USD Solana USD Kraken Energy Corp. NVIDIA Corporation Credit Suisse High Yield Bond Fund, Inc. Bitwise Bitcoin ETF MicroStrategy Inc Tesla, Inc. Ethereum USD BlackRock, Inc. Fidelity Contrafund Grayscale Litecoin Trust Apple Inc. Bitcoin USD Hoffmann-La Roche AG UBS Group AG Nestlé S.A.
Currencies:
United States Dollar Euro Swiss Franc Japanese Yen Australian Dollar Indian Rupee Canadian Dollar Chinese Yuan Hong Kong Dollar Czech Koruna British Pound Sterling South Korean Won Russian Ruble Norwegian Krone Seychellois Rupee Danish Krone New Taiwan Dollar Singapore Dollar Brazilian Real Iranian Rial
People:
Donald Trump Elon Musk Paul Atkins Jack Mcdonald Brad Garlinghouse Monica Long Gary Gensler Joe Biden Jimmy Carter Johann Eid Ali Martinez Arthur Hayes Rostin Behnam Stuart Alderoty Jensen Huang Cynthia Lummis Dae-young Kwon Sean Dawson Matt Hougan Christopher Wallerstedt

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.