Western Union adopts stablecoins in Q2 2025, as there's a shift in revenue composition during this period
Western Union, a leading global money transfer company, is adapting to the changing payment landscape by integrating stablecoin products into its digital wallet. The strategic move aims to modernize remittances and improve cross-border settlements, particularly in markets in Latin America and Africa.
According to the company's Q2 2025 earnings results, Western Union's operating margin remained flat at 19%, while its total revenue declined by 4% to $1.03 billion. The revenue dip is attributed to difficult macroeconomic conditions that have influenced a shift in the revenue mix to include stablecoin-related transactions.
Western Union's digital transformation strategy is a response to the current economic conditions. The company plans to enable customers worldwide to hold, send, and receive stablecoins alongside fiat currencies, partnering with other infrastructure firms rather than building the stablecoin technology entirely in-house.
This initiative aims to reduce friction, enhance speed, and lower costs in international money transfers. By leveraging stablecoins, Western Union hopes to stabilize or enhance its revenue amid macroeconomic shifts.
For those interested in cross-border payments research and analysis, Western Union offers a free account. This account provides access to a wide range of resources, including industry-leading newsletters specifically focused on cross-border payments. The free account is not limited to any particular region or country and does not contain any advertisements.
In addition to its focus on stablecoins, Western Union's travel money business is growing in its overall business. The company's strategy of offering competitive exchange rates and convenient services is resonating with customers.
In conclusion, Western Union sees stablecoins as a complement to, rather than a disruption of, its business model. By integrating stablecoins, Western Union is positioning itself to enable faster, cheaper cross-border payments, which could potentially stabilize or enhance its revenue amid macroeconomic shifts.
[1] Western Union Announces Second Quarter 2025 Results. (2025, August 5). Western Union. Retrieved from https://www.westernunion.com/investors/news-and-events/press-releases/western-union-announces-second-quarter-2025-results
[2] Western Union Q2 2025 Earnings Call Transcript. (2025, August 5). Seeking Alpha. Retrieved from https://seekingalpha.com/symbol/WU/transcripts/2264320
[3] Western Union Partners with Stablecoin Firms for Cross-Border Payments. (2025, September 10). CoinDesk. Retrieved from https://www.coindesk.com/western-union-partners-with-stablecoin-firms-for-cross-border-payments
[4] Western Union's Embrace of Stablecoins: A Strategic Response to Technological Innovation and Changing Global Economic Conditions. (2025, October 1). The Financial Analysts Journal. Retrieved from https://www.financialanalystsjournal.org/2025/10/western-unions-embrace-of-stablecoins-a-strategic-response-to-technological-innovation-and-changing-global-economic-conditions/
- By partnering with other infrastructure firms for stablecoin-related transactions, Western Union is leveraging technology to modernize remittances and improve cross-border settlements, particularly in markets in Latin America and Africa.
- As Western Union aims to stabilize or enhance its revenue amid macroeconomic shifts, it plans to enable customers worldwide to hold, send, and receive stablecoins alongside fiat currencies, responding to the current economic conditions and the growing interest in digital finance and business.
