Western Union’s Bet on On-Chain Settlement

In this episode of Mint Condition, host Maya Caddle sits down with Malcolm Clark to explore how Western Union is approaching stablecoins, on-chain treasury management, and the future of cross-border payments. As one of the world's largest money movement companies, Western Union is testing how stablecoins can reduce the need for prefunding, improve liquidity management, and create more efficient settlement across global remittance corridors. Malcolm breaks down the thinking behind USDPT, the operational realities of off-ramping and treasury management, and what it will take for stablecoins to deliver real-world value at scale. From remittances and settlement to regulation and global adoption, this conversation offers an inside look at how a 175-year-old payments giant is evaluating the next generation of financial infrastructure. Connect with our Host & Guest: Maya Caddle:   / maya-caddle   Malcolm Clarke:   / clarkemalcolm   About Mint Condition: Join host Maya Caddle on Mint Condition as she explores what is actually happening as crypto and traditional finance increasingly intersect. Through conversations with operators, builders, and experts across payments and financial services, she looks at how crypto is influencing the next phase of financial infrastructure.