Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.
The world’s biggest money transfer company is going on-chain.
The rollout begins in 2026, targeting hundreds of millions of users across LatAm, Africa, and Southeast Asia, regions where stablecoins already dominate real economic usage.
The stablecoin will plug straight into Western Union’s existing licensed fiat rails and 4,500+ corridors, enabling people to move dollars across borders without banks, ACH delays, or predatory FX fees.
And here’s the curveball: Western Union says it plans to keep supporting cash-in and cash-out locations, effectively becoming a global on/off ramp for Solana.
🗣️ What They’re Saying
“For 175 years, we’ve been connecting people, moving $150 billion a year. Digital assets is the next evolution. We looked at alternatives, and came to the conclusion that Solana was the right choice.” – Devin McGranahan, CEO of Western Union
The largest remittance company on earth is stepping directly into stablecoins.
This is massive for both Solana and stablecoins.
Solana just got validation from a major payments player on a global scale.
Payments is crypto’s biggest real-world use case today, and Solana now anchors the largest remittance migration play in history.
As for stablecoins, the are clearly eating the world, and Western Union is capitulating in.
Global remittances are a $860 billion market. If even 10% of those flows move to stablecoins over the next two years, that’s $86 billion in annual on-chain volume.
Largely on Solana.
Stablecoins are the future – and Solana is a part of that future.
A really nice narrative win, on the same day that Bitwise’s Solana ETF set the record for highest volume for any new ETF launch in 2025.
Here’s a rundown of major token, protocol and airdrop news from the day:
Here is the list of other notable headlines from the day in NFTs:
