Cagwin noted that in countries such as Argentina, where annual inflation reaches 250–300%, traditional money transfers rapidly lose value. “Imagine your family in the U.S. sends you $500, but a month later it’s worth only $300,” he said. The stable card is designed to solve exactly this problem by preserving value through digital assets tied to a stable currency.
The new card will build on Western Union’s existing U.S. prepaid card, but its integration of stablecoins will provide a far more resilient option for users navigating extreme inflation.
Another key pillar is the creation of an in-house token. Western Union argues that its infrastructure in more than 200 countries provides a unique advantage.
“We believe we can build a strong market for our coin in these economies. We want to control the project’s economics, compliance, and distribution,” Cagwin said.
This would position Western Union not only as a facilitator of transfers, but as an operator of a full digital-asset ecosystem.
A significant part of the strategy is the Digital Asset Network (DAN), which will connect Western Union with four major on/off-ramp providers. The network is expected to launch in the first half of 2026, enabling faster, cheaper cross-border payments and easier access to digital assets.
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