What Does Ripple's Stablecoin Mean for XRP? [Yahoo! Finance]
Western Union Company (The) (WU)
Last western union company (the) earnings: 2/11 04:05 pm
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Source: Yahoo! Finance
the Silicon Valley crypto mainstay would launch a U.S. dollar-pegged stablecoin later this year. But in the grand scheme of things, XRP's usefulness is dwindling. (Sorry, XRP Army, it's my job to speak it how it is.) This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here The Ripple stablecoin, expected later this year, will apparently be backed 1-to-1 by cash equivalents including U.S. dollar deposits, U.S. government bonds and other low-risk investments, according to the company's announcement. The idea is reportedly to create a more trustworthy alternative to assets like Tether's {{USDT}} and Circle's {{USDC}}. Indeed, as many others have pointed out, the $150 billion stablecoin market is crowded — but it's also highly lucrative. Tether, the first and largest stablecoin that currently dominates the market, is essentially being used as a cash cow to fund Tether CEO Pa
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WU
News
- Western Union Announces $0.235 Quarterly DividendBusiness Wire
- Western Union (WU) is a Top-Ranked Value Stock: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Western Union to Present at Bernstein Strategic Decisions Conference on May 29Business Wire
- Here is What to Know Beyond Why The Western Union Company (WU) is a Trending Stock [Yahoo! Finance]Yahoo! Finance
- Criminal gangs, profiteers thrive in Gaza as cash shortage worsens misery [Reuters]Reuters
WU
Earnings
- 4/24/24 - Beat
WU
Sec Filings
- 5/8/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 10-Q
- WU's page on the SEC website