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Western Union is developing prepaid stablecoin payment cards for countries with high inflation. Matthew Cagwin, the company's CFO, said at the UBS Global Technology and AI Conference that the product is designed to help cope with the rapid depreciation of the local currency and provide users with more stable purchasing power. In Argentina, for example, inflation exceeded 200% last year, and dollar-denominated stablecoin cards help remittance recipients better preserve value. Previously, Western Union also announced plans to launch the US dollar stablecoin USDPT on Solana in early 2026. (CriptoNoticias)
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