Western Union Unveils Global Stablecoin-Linked Card

Western Union has launched a global stablecoin-linked card in partnership with Raincards. The new product leverages Western Union's extensive remittance network, allowing users to expand their use of stablecoin-linked cards internationally.

Cuy Sheffield, vice president and global head of crypto at Visa, highlighted the potential for growth, noting that the launch could be a stepping stone for expanding stablecoin-linked cards globally.