UK markets closed
  • FTSE 100

    7,500.89
    +34.98 (+0.47%)
     
  • FTSE 250

    20,338.96
    +93.53 (+0.46%)
     
  • AIM

    933.20
    +4.84 (+0.52%)
     
  • GBP/EUR

    1.1820
    +0.0002 (+0.02%)
     
  • GBP/USD

    1.2139
    -0.0064 (-0.52%)
     
  • BTC-GBP

    20,104.36
    +76.20 (+0.38%)
     
  • CMC Crypto 200

    574.64
    +3.36 (+0.59%)
     
  • S&P 500

    4,280.15
    +72.88 (+1.73%)
     
  • DOW

    33,761.05
    +424.38 (+1.27%)
     
  • CRUDE OIL

    91.88
    -2.46 (-2.61%)
     
  • GOLD FUTURES

    1,818.90
    +11.70 (+0.65%)
     
  • NIKKEI 225

    28,546.98
    +727.65 (+2.62%)
     
  • HANG SENG

    20,175.62
    +93.19 (+0.46%)
     
  • DAX

    13,795.85
    +101.34 (+0.74%)
     
  • CAC 40

    6,553.86
    +9.19 (+0.14%)
     

Can NEAR Protocol Replace Western Union?

·5-min read
Can NEAR Protocol Replace Western Union?
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Payment networks like Visa (NYSE: V) and Mastercard (NYSE: MA) not only have the resources to adapt to changing technology (as they are among the largest companies in the world by market cap), but they are also actively engaging with cryptocurrency and exploring ways to incorporate it into their business models. In forecasting the industries and companies that cryptocurrencies can eventually disrupt and replace, let's start with an incumbent in the legacy money-transfer industry, Western Union (NYSE: WU). Here's why NEAR Protocol (CRYPTO: NEAR) could replace the 171-year-old money-transfer mainstay.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting