Zelle, Western Union upgrade infra with blockchain
[Our daily CEO briefing for PRO readers; PDF below]
Two of the world’s biggest money movers: Zelle ($1T+ in transfers, 2,100 banks) and Western Union (500K+ outlets, 200+ countries), are going stablecoin. [RELEASE]
The goal: make transfers faster and cheaper. Zelle needs stablecoins to extend its U.S. bank network globally, while Western Union needs them to cut costs and boost margins.
The money movement …
