According to online reports, Western Union CEO Devin McGranahan said that the company is exploring the possibility of launching stablecoin services in digital wallets and plans to establish an import and export partnership to support customers in purchasing and selling stablecoins. He emphasized that stablecoins are three major opportunities to increase the speed of cross-border transfers, the exchange of stablecoins and fiat currencies, and the storage of value in turbulent economies. This move was proposed after the signing of the GENIUS Act, which established a federal regulatory framework for stablecoins and promoted their compliance development in the global mainstream financial system.