Western Union, a prominent name in global cross-border remittances, is preparing to test a settlement system utilizing stablecoins as part of its efforts to upgrade services for its more than 150 million users, according to a
TradingView report
. During the company's third-quarter earnings discussion, CEO Devin McGranahan emphasized that the project aims to use onchain settlement technology to decrease dependence on conventional correspondent banks, accelerate settlement processes, and improve capital utilization. This initiative is in step with the increasing institutional embrace of stablecoins, a sector the U.S. Treasury expects to expand from $300 billion currently to $2 trillion by 2028. McGranahan pointed out that greater regulatory certainty—especially following the GENIUS Act—has eased previous worries about volatility and consumer safeguards, paving the way for the firm to consider integrating crypto solutions.
Elsewhere, in the digital betting industry, Bet105—an offshore sportsbook—has rolled out a revamped platform that supports cryptocurrency transactions and removes KYC protocols, according to a
GlobeNewswire release
. The updated service appeals to privacy-focused bettors by enabling deposits, wagers, and withdrawals in digital assets such as
Bitcoin
,
Ethereum
, and
USDC
. Bet105's approach—eliminating KYC and lowering the house edge—targets savvy players, including those using arbitrage tactics. The platform’s adaptability is designed to meet the growing demand for private, rapid, and secure betting experiences.
Within the mining and resources field, Temas Resources has achieved a listing on the Australian Securities Exchange (ASX), utilizing its proprietary RCL metallurgical technology to advance titanium-vanadium initiatives in Québec, as outlined in a
Morningstar article
. The firm’s process offers up to a 65% reduction in processing expenses and a smaller carbon footprint, catering to the rising need for essential minerals in sectors like defense, aerospace, and clean technology. Temas plans to broaden its drilling operations and partner with companies such as Andritz AG to further refine its metallurgical capabilities, aiming to benefit from global supply chain changes and stricter export policies from China and Russia.
The intersection of blockchain technology with established industries signals a larger wave of innovation. Western Union’s stablecoin project highlights the potential of crypto to make cross-border payments more efficient, especially in regions facing high inflation where dollar-backed assets provide stability, as mentioned in the TradingView report. Likewise, Bet105’s adoption of crypto payments demonstrates the gaming industry’s shift toward decentralized finance, focusing on user privacy and streamlined operations, according to the GlobeNewswire release. Temas’s debut on the ASX illustrates how resource firms are adopting advanced technologies to tackle both environmental and economic hurdles in mineral processing, as reported by Morningstar.
