According to the source, Western Union will launch a stable card for users in high-inflation economies and plans to issue its own stablecoin, as announced by CFO Matthew Cagwin at the UBS Global Technology and AI Conference (source: remarks by Western Union CFO Matthew Cagwin at the UBS Global Technology and AI Conference). The stated goal is to protect users in inflationary environments through a value-stable payments product, per Cagwin’s announcement at the UBS event (source: remarks by Western Union CFO Matthew Cagwin at the UBS Global Technology and AI Conference). For traders, this confirms a new corporate entrant into the stable-value payments segment to monitor for product design, issuance, and settlement details once disclosed, as confirmed by Cagwin’s UBS conference remarks (source: remarks by Western Union CFO Matthew Cagwin at the UBS Global Technology and AI Conference).