Western Union Launches “Stable Card” for High-Inflation Economies

[madmax]

Western Union is rolling out a new “stable card” aimed at protecting users in inflation-hit countries like Argentina, where remittances can lose nearly half their value in a month.
CFO Matthew Cagwin says the card will help families preserve purchasing power instead of watching $500 shrink to $300 by month-end.
It’s part of Western Union’s push beyond traditional remittances into a multi-pillar digital-asset strategy, with the company also preparing its Digital Asset Network (DAN) launch in early 2025.

[Nahid Hossen]

A stable card for inflation-hit regions could be a game changer.