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Global financial services firm Western Union has announced plans to pilot a stablecoin-powered settlement system to modernize remittance services for its more than 150 million customers worldwide. Listen to This Article Prefer to listen? Hit play below to hear the narrated version. Key points: Western Union is piloting a stablecoin-based settlement system to modernize remittances, aiming for faster, cheaper, and more transparent cross-border transfers. The initiative provides customers, especially in high-inflation regions, greater control over funds and helps preserve purchasing power with US dollar-denominated assets. Mainstream adoption of stablecoins could boost confidence in crypto, indirectly benefiting SHIB holders through increased…

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