Techub News reports, according to The Block, Western Union will launch a stablecoin next month and plans to introduce a Stable Card for consumers. During the Q&A session of the conference call, CEO and President Devin McGranahan explained that USDPT is not being launched as a consumer-facing stablecoin, but rather as an alternative to the company's current SWIFT network used for settlement with agents. USDPT is expected to be launched in select countries in partnership with key agents to enable on-chain settlement, allowing for faster processing speeds even during traditional bank holidays.

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