Western Union enters the crypto world and Web3

Western Union, the "giant" in the global money transfer industry, has just filed a trademark application for services related to stablecoin, e-wallets, blockchain, and Web3 finance. This move indicates that the company is serious about expanding into the digital asset space to adapt to the trend of digitization and changing user demands.

According to initial information, Western Union plans to provide services such as sending/receiving stablecoins, storing assets through e-wallets, managing smart contracts, and building an interactive Web3 platform. The goal is to create an ecosystem that facilitates global money transfers faster, more transparently, and with less reliance on traditional banks.

With a strong brand and a global network, Western Union has the potential to become a leader in the field of digital finance.