6 December 2025

Western Union Launches Stable Card to Combat Inflation
Western Union is introducing a stable card to help individuals in high-inflation countries protect their remittances. This initiative aligns with the company s broader digital asset strategy, as outlined by CFO Matthew Cagwin at the UBS Global Technology and AI Conference. The stable card aims to prevent families in nations like Argentina, where inflation has reached triple digits, from losing the value of their money. Cagwin highlighted that a 500 remittance can lose almost half its value within a month.
The stable card builds on Western Union s existing prepaid infrastructure and integrates with its expanding Digital Asset Network. This network connects the company to four on- and off-ramp providers set to launch in the first half of 2025. Additionally, the stable card is part of a larger strategy that includes Western Union s upcoming coin and a stablecoin settlement system based on the Solana blockchain. This system is expected to be anchored by the US Dollar Payment Token USDPT anticipated in 2026.
Western Union s presence in 200 countries gives it a unique advantage in creating and distributing a proprietary token, particularly in emerging markets where remittances are crucial to local GDP. By transitioning from traditional correspondent banking to real-time stablecoin settlement, the company aims to free up capital, expedite transfers, and enhance the utility of its global agent network. Executives believe this will result in a more resilient and modernized foundation for cross-border payments.