Western Union’s Stablecoin Moment
from This Week in Fintech Hosted by This Week In Fintech
Presented by Rain. This episode of Crossing the Chasm, host Chiara Munaretto is joined by Malcolm Clarke to discuss how Western Union is bringing stablecoins into the real world with the launch of USDPT. Malcolm explains why Western Union believes the future of digital dollars is not about making consumers learn crypto, but about using blockchain behind the scenes to make cross-border payments faster, more efficient, and easier to scale. Chiara and Malcolm dig into the infrastructure challenges that still define global remittances, from liquidity and settlement timing to the need for reliable fiat off-ramps, and how USDPT can help reduce that friction. They also explore Western Union’s stablecoin-backed card experience, flexible custody options, interoperability across chains, and why trust and practical utility will be the deciding factors in bringing stablecoins to everyday users. Subscribe for more conversations on what it actually takes to bring tokenized money into the real world. Connect with the Host Chiara Munaretto: https://www.linkedin.com/in/chiaramunaretto/ About Crossing the Chasm Crossing the Chasm is a special series with Rain focused on what it actually takes for stablecoins to become the default for everyday payments. Instead of rehashing benefits or highlighting pilots, the series breaks down the real work behind winning on Main Street, from upgrading payment rails and navigating regulation to embedding stablecoins into products people already use. Through conversations with builders and operators, we explore how tokenized money moves from early adoption to practical, widespread use across businesses and consumers. Follow This Week in Fintech Linkedin X Instagram TikTok YouTube
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What this episode covers
Presented by Rain. This episode of Crossing the Chasm, host Chiara Munaretto is joined by Malcolm Clarke to discuss how Western Union is bringing stablecoins into the real world with the launch of USDPT. Malcolm explains why Western Union believes the future of digital dollars is not about making consumers learn crypto, but about using blockchain behind the scenes to make cross-border payments faster, more efficient, and easier to scale. Chiara and Malcolm dig into the infrastructure challeng...
Chapters
- 0:00 Intro
- 2:18 Why Western Union Launches USDPT
- 7:18 Treasury Use Case And Prefunding
- 9:53 Agent Wallets And Off Ramps
- 12:48 Consumer Stable Card In 40 Markets
- 18:29 Where Banks Still Matter
- 21:47 Multi Chain Interoperability And Trust
- 29:56 Digital Asset Network Cash In Out
- 33:12 What Partners Actually Ask For
- 37:04 Europe Rules And A Future Euro Token
- 44:05 Education Liquidity And On Chain FX
- 54:17 One Year Success Metrics
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