Markets· ★★★· neutral·

Stablecoins speed up remittances and pressure Western Union and MoneyGram

  • —Stablecoin payment volume hit at least $401 billion in the first eight months of 2026, up 42% YoY
  • —Cross-border stablecoin volume rose 64% to $135 billion in 2025
  • —Western Union launched USDPT in May; MoneyGram introduced MGUSD with a card in Colombia and El Salvador
  • —The World Bank put the average cost of a digital remittance at 3.47% in Q3 2025
Why it matters: Stablecoins are taking share from a remittance market charging above 6% in fees, forcing incumbents to issue their own tokens.
#USDT#USDC
Source: DiarioBitcoin
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