Remittance giant Western Union has been steadily watching the crypto space and global crypto adoption, and it seems to be ready to add digital assets as a payment option for its customers.
Integrating crypto and the blockchain tech
Western Union’s global money transfer president Odilon Almeida believes that integrating crypto into the company’s lineup is not a hard task at all.
“Western Union is ready today to adopt any kind of currency. We already operate with 130 currencies. If we one day feel like it’s the right strategy to introduce cryptocurrencies to our platform, technology-wise it’s just one more currency,” Almeida said.
The company is in such a position from which it can easily bridge the gap between fiat currencies and cryptos.
Another thing worth mentioning is that it has access to billions of bank accounts and more than half a million retail agent locations.