The post Western Union eyes stablecoin rails in pursuit of a ‘super app’ vision appeared on BitcoinEthereumNews.com. Key Takeaways  Why is Western Union making a stablecoin bet?  To cut operational costs and speed up traditional transfers.  What’s the potential end-goal for the stablecoin move?  Per an expert, forming a “super financial app” could be a long-term target for incumbents.  Global remittances, like Western Union, MoneyGram, and others, are going all in on stablecoins.  During its recent earnings call, Western Union CEO Devin McGranahan said that the firm would double down on and off ramps for digital assets. He noted,  “Beyond treasury, we are exploring how our global payments network can serve as an on-ramp and an off-ramp between fiat and digital currencies.” Source: Yahoo Finance He added that they have seen a strong demand for last-mile delivery for stablecoins, especially in regions with limited traditional bank coverage. According to him, the pivot would allow the firm to move money faster, transparently and cheaply without “compromising compliance or customer trust.”  Stablecoin disruption or integration? Reacting to the move, Omar Kanji, Partner at crypto VC Dragonfly, said, “If it’s moderately successful, imagine any one of the crypto exchanges, payment companies, or stablecoin players takes a serious look at it (despite the hair) as an acquisition.” According to him, such a move would make the Western Union a good acquisition prospect by native crypto players.  The incumbent operates across over 200 countries with massive partners and retail locations. But it’s not the only old player rethinking its payment network with stablecoins.  Remitly, MoneyGram and recently Wise, are reportedly eyeing a digital wallet strategy. According to the former Paxos product lead, Chuk Okpalugo, the end-goal was a “financial super app.” He said “Treasury efficiency is nice, but not differentiated. The real prize is monetizing the recipient. Once users hold money inside your app, you can offer savings, credit, investments, etc. It’s… The post Western Union eyes stablecoin rails in pursuit of a ‘super app’ vision appeared on BitcoinEthereumNews.com. Key Takeaways  Why is Western Union making a stablecoin bet?  To cut operational costs and speed up traditional transfers.  What’s the potential end-goal for the stablecoin move?  Per an expert, forming a “super financial app” could be a long-term target for incumbents.  Global remittances, like Western Union, MoneyGram, and others, are going all in on stablecoins.  During its recent earnings call, Western Union CEO Devin McGranahan said that the firm would double down on and off ramps for digital assets. He noted,  “Beyond treasury, we are exploring how our global payments network can serve as an on-ramp and an off-ramp between fiat and digital currencies.” Source: Yahoo Finance He added that they have seen a strong demand for last-mile delivery for stablecoins, especially in regions with limited traditional bank coverage. According to him, the pivot would allow the firm to move money faster, transparently and cheaply without “compromising compliance or customer trust.”  Stablecoin disruption or integration? Reacting to the move, Omar Kanji, Partner at crypto VC Dragonfly, said, “If it’s moderately successful, imagine any one of the crypto exchanges, payment companies, or stablecoin players takes a serious look at it (despite the hair) as an acquisition.” According to him, such a move would make the Western Union a good acquisition prospect by native crypto players.  The incumbent operates across over 200 countries with massive partners and retail locations. But it’s not the only old player rethinking its payment network with stablecoins.  Remitly, MoneyGram and recently Wise, are reportedly eyeing a digital wallet strategy. According to the former Paxos product lead, Chuk Okpalugo, the end-goal was a “financial super app.” He said “Treasury efficiency is nice, but not differentiated. The real prize is monetizing the recipient. Once users hold money inside your app, you can offer savings, credit, investments, etc. It’s…