US financial services company Western Union has released a video stating it is ready to work with cryptocurrencies for secure international payments. Company president Odilon Almeida went on to explain how the company could help solve problems related to crypto "volatility, management, and compliance". The video, which was uploaded by an anonymous user in late April, shows that Western Union, as well as other payment companies, are working together to create new solutions based on blockchain technology.
US financial services company Western Union has released a video stating it is ready to work with cryptocurrencies for secure international payments. Company president Odilon Almeida went on to explain how the company could help solve problems related to crypto "volatility, management, and compliance". However, an ongoing, six-month partnership with Ripple Labs has yet to produce any benefits, according to Western Union CEO Hikmet Ersek.