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Fernando Nikolic, Founder at Perception, reports that Western Union is set to launch a stablecoin alongside a consumer card next month.
He recalls that his Argentine relatives once paid 8% in fees to Western Union to transfer money across borders, calling it the cheapest option available at the time. Nikolic suggests that the company, historically built on the friction of money movement, is now pivoting toward digital assets.
Nikolic has previously tracked market trends, noting bitcoin bullish bets reaching a 28-month high on Bitfinex when the price stood at $67,000. In a separate article, he observed video game retailers starting to create financial products using bitcoin. His recent commentary follows a series of reports on digital asset adoption.