Western Union is Launching a Stablecoin on Solana... Here's Why! | Malcolm Clarke

Malcolm Clarke, VP of Digital Assets at Western Union, joined me to discuss why Western Union is building its own stablecoin, USDPT, on the Solana blockchain.Topics: - Building a stablecoin on Solana - U.S. Dollar Payment Token (USDPT) - Banks and payment companies using stablecoins - Stablecoins impact on capital allocation and liquidity - Future of payments - Tokenization marketBrought to you by 🌟Uphold - Signup with Uphold. https://uphold.sjv.io/gbED4X Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. 💡Get the (Re)Thinking Crypto Book on Amazon - https://www.amazon.com/dp/B0D2525DYX 🖥️ Learn Crypto with Expert Commentary - http://MyCryptoCourse.com Sponsors:🔐 Safely Store your Crypto with Trezor Hardware Wallets - https://affil.trezor.io/SHlz 🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms https://www.itrustcapital.com/go/thinkingcrypto 🖥️ Sign up with Santiment to get quality crypto metrics - https://app.santiment.net/pricing?fpr=thinkingcrypto Get 25% discount with code THINKINGCRYPTO 📰 Sign up for the Free Thinking Crypto Weekly Newsletter https://thinkingcrypto.substack.com/ ✅ Become a Channel Member - https://www.youtube.com/channel/UCjpkwsuHgYx9fBE0ojsJ_-w/join 🔥 Buy Merch & support the Podcast https://my-store-574b5b.creator-spring.com/ 🧙‍♂️Merlin - http://tinyurl.com/MerlinTCYouTube “I am a Merlin partner and get compensated for purchases made through links in this content"this content" Follow on social media:➡️ X(Twitter) - https://x.com/thinkingcrypto ➡️ Facebook - https://www.facebook.com/thinkingcrypto/➡️ LinkedIn - http://linkedin.com/company/thinking-crypto ➡️ Instagram - https://www.instagram.com/thinkingcrypto/ ➡️ TikTok - https://www.tiktok.com/@thinkingcrypto5 ➡️ Threads - https://www.threads.net/@thinkingcrypto ➡️ Website - https://www.ThinkingCrypto.com/🔊 Listen to content on Apple Podcasts - https://podcasts.apple.com/us/podcast/thinking-crypto-news-interviews/id1458945676 🔊 Listen to content on Spotify - https://open.spotify.com/show/221AV5A65v7uYEsuMviVKl💼Business Inquiries💼[email protected] ⏰ Time Stamps ⏰00:00 Intro02:25 Malcolm's background04:03 Discovering Crypto06:28 Permissioned & Public blockchains15:09 Why build on Solana18:13 USDPT Stablecoin integration22:03 How USDPT will be used26:52 Genius Act compliance28:56 Stablecoins in payments31:16 Wallet usage34:44 Stablecoins free up capital38:30 Tokenization market43:51 Roadmap46:14 Wrap up questions================================================= #Stablecoins #Solana #WesternUnion #Crypto #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRPNews #RippleXRP #Ethereum #EthereumNews #ETH #money #investing #trading #Altcoin #Altcoins #NFTs #Metaverse #Podcast #ThinkingCrypto ================================================= The Thinking Crypto Podcast is your home for the best Crypto News and Interviews - crypto, cryptocurrency, crypto news, bitcoin, bitcoin news, xrp, xrp news, ripple, ripple news, ripple xrp, ethereum, ethereum news, cardano, ada, solana, altcoins, defi, news, interviews, podcast, metaverse, nft, altcoin daily, cryptosrus, coin bureau, altcoin news, bitcoin today, markets, investing ================================================= Disclaimer - The Thinking Crypto podcast and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice. Note that links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!Become a supporter of this podcast: https://www.spreaker.com/podcast/thinking-crypto-news-interviews--3464539/support.