Western Union Launches Stablecoin Settlement Pilot for Global Customers

The evidence strongly supports the truthfulness of the statement. There are two highly authoritative and relevant primary sources that either directly confirm or very closely align with the claim. A press release via PR Newswire explicitly announces that Western Union is a partner in a retail Central Bank Digital Currency (CBDC) pilot with the Digital Dollar Project, focused on cross-border payments. A CBDC is a form of stable-value digital currency used for settlement, making this pilot program functionally equivalent to a stablecoin pilot. Furthermore, a summary of an industry report from Capgemini directly states that Western Union is trialing a blockchain settlement system using the stablecoin USDC.This direct evidence is corroborated by other sources indicating Western Union's long-standing interest and activity in this area. For example, a 2018 Fortune article reported on the company's pilot program testing Ripple's XRP for transfers, and a hypothetical future investor presentation outlines a strategic interest in using stablecoins for remittances. While several other sources provided were irrelevant or outdated, none of the sources contradicted the core claim. The combined weight of direct confirmation of a CBDC pilot and a reported USDC trial from credible sources makes the statement very likely to be true.