Western Union Seeks Growth Through Stablecoin Business
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AI-assisted source synthesis · not an independent investigation.
On November 5, 2026, PYMNTS reported that Western Union’s third-quarter revenue fell 2% year over year to $1 billion, in part because of a slowdown in its North American retail business. Facing earnings pressure, the company is seeking growth through USDPT and Stablecard. Meanwhile, Western Union is cutting more than 650 jobs and plans to move regional operating centers and approximately 800 jobs to other countries. The report did not disclose specific launch dates, user numbers, transaction data, or the actual revenue contribution of USDPT or Stablecard.
AI-written from reports · updated 2 hours ago
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- PYMNTSWestern Union revenue falls 2% year on year as it seeks growth with USDPT and Stablecard
Western Union's third-quarter revenue fell 2% year on year to $1 billion, due in part to a slowdown in its North American retail business; the company also cut more than 650 positions and relocated its regional operations centers and about 800 positions to other countries.
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