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0.000554323725055519 0.000554323725055519 -0.000554323725055322 -0.00554323725055421 -0.00886917960088673 -0.00529933481152979 -0.00332594235033252 -0.00498891352549869
Stock impact report

Solana Foundation exec says ‘stablecoins are top of mind for everyone' as Western Union launches stablecoin on Solana [Yahoo! Finance]

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
companies, moves closer to blockchain with the launch of a new stablecoin issued by Anchorage and operating on the Solana network. Western Union's decision to launch a stablecoin on Solana marks what executives describe as a major step toward mainstream digital payments. Related: 175-year old fintech giant reveals plans to launch stablecoin on Solana Speaking with TheStreet Roundtable's Jackson Hinkle, Sheraz Shere, general manager of payments and commerce at the Solana Foundation, said that stablecoins have already proven their value in real use cases such as cross border payments, but widespread adoption still depends on traditional institutions. “Stablecoins are top of mind for everyone,” he said. “They already have product market fit and they are being used for money movement. But we still need big payment companies and banks that know how to move money at scale to embrace this technology before it can reach the mainstream.” The total stablecoin market cap stands at $305 Show less Read more
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