Western Union to launch stablecoin in 2026

Western Union, one of the world's largest remittance and payments firms, plans to launch a stablecoin in 2026, The Wall Street Journal reported. The company intends to issue the stablecoin on the Solana blockchain and launch a digital asset wallet network. As previously reported by CoinNess, Western Union had been considering the launch of its own stablecoin and was planning to pilot a stablecoin-based payment system.