Thinking Crypto News & Interviews
Western Union is Launching a Stablecoin on Solana... Here's Why! | Malcolm Clarke
March 5, 2026
AI Summary
5 min read🎙️ The Voices & The Context
- The Format: In-depth interview podcast with host-led questions and guest deep dives into tech and business strategy.
- The Key Players:
- Guest: Malcolm Clark, VP of Digital Assets at Western Union – fascinating for bridging traditional remittances (100+ million customers, 400k stores) with crypto, launching their USDPT stablecoin on Solana.
- Host: Tony Edward, crypto podcaster with personal Western Union user stories, fostering smooth, enthusiastic dialogue.
- The Vibe: Educational and optimistic – tech-forward excitement about real-world crypto adoption, laced with pragmatic humor on regs and "boring" implementation.
🗝️ Key Themes & Topics
The episode dives into Western Union's pivot to blockchain, blending legacy remittances with stablecoins for global efficiency. Main topics: Malcolm's career evolution, USDPT's launch and use cases, regulatory compliance, and future payments.
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What you'll learn
- 1 (00:00) **🎙️ Introduction: Malcolm Clark**
- 2 (03:24) **Malcolm's Professional Background**
- 3 (05:03) **Entry into Blockchain and Bitcoin**
- 4 (07:32) **Private vs. Public Blockchains**
- 5 (09:45) **Privacy Innovations on Solana**
- 6 (11:42) **Western Union Stablecoin Use Cases (USDPT)**
- 7 (17:20) **Why Solana for USDPT**
+ Full timestamped outline available in the app
Show Notes
Malcolm Clarke, VP of Digital Assets at Western Union, joined me to discuss why Western Union is building its own stablecoin, USDPT, on the Solana blockchain.
Topics:
- Building a stablecoin on Solana - U.S. Dollar Payment Token (USDPT)
- Banks and payment companies using stablecoins
- Stablecoins impact on capital allocation and liquidity
- Future of payments
- Tokenization market
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🔊 Listen to content on Apple Podcasts - https://podcasts.apple.com/us/podcast/thinking-crypto-news-interviews/id1458945676
🔊 Listen to content on Spotify - https://open.spotify.com/show/221AV5A65v7uYEsuMviVKl
💼Business Inquiries💼
[email protected]
⏰ Time Stamps ⏰
00:00 Intro
02:25 Malcolm's background
04:03 Discovering Crypto
06:28 Permissioned & Public blockchains
15:09 Why build on Solana
18:13 USDPT Stablecoin integration
22:03 How USDPT will be used
26:52 Genius Act compliance
28:56 Stablecoins in payments
31:16 Wallet usage
34:44 Stablecoins free up capital
38:30 Tokenization market
43:51 Roadmap
46:14 Wrap up questions
=================================================
#Stablecoins #Solana #WesternUnion #Crypto #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRP
Topics:
- Building a stablecoin on Solana - U.S. Dollar Payment Token (USDPT)
- Banks and payment companies using stablecoins
- Stablecoins impact on capital allocation and liquidity
- Future of payments
- Tokenization market
Brought to you by 🌟Uphold - Signup with Uphold. https://uphold.sjv.io/gbED4X Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
💡Get the (Re)Thinking Crypto Book on Amazon - https://www.amazon.com/dp/B0D2525DYX
🖥️ Learn Crypto with Expert Commentary - http://MyCryptoCourse.com
Sponsors:
🔐 Safely Store your Crypto with Trezor Hardware Wallets - https://affil.trezor.io/SHlz
🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms https://www.itrustcapital.com/go/thinkingcrypto
🖥️ Sign up with Santiment to get quality crypto metrics - https://app.santiment.net/pricing?fpr=thinkingcrypto Get 25% discount with code THINKINGCRYPTO
📰 Sign up for the Free Thinking Crypto Weekly Newsletter https://thinkingcrypto.substack.com/
✅ Become a Channel Member - https://www.youtube.com/channel/UCjpkwsuHgYx9fBE0ojsJ_-w/join
🔥 Buy Merch & support the Podcast https://my-store-574b5b.creator-spring.com/
🧙♂️Merlin - http://tinyurl.com/MerlinTCYouTube “I am a Merlin partner and get compensated for purchases made through links in this content"this content"
Follow on social media:
➡️ X(Twitter) - https://x.com/thinkingcrypto
➡️ Facebook - https://www.facebook.com/thinkingcrypto/
➡️ LinkedIn - http://linkedin.com/company/thinking-crypto
➡️ Instagram - https://www.instagram.com/thinkingcrypto/
➡️ TikTok - https://www.tiktok.com/@thinkingcrypto5
➡️ Threads - https://www.threads.net/@thinkingcrypto
➡️ Website - https://www.ThinkingCrypto.com/
🔊 Listen to content on Apple Podcasts - https://podcasts.apple.com/us/podcast/thinking-crypto-news-interviews/id1458945676
🔊 Listen to content on Spotify - https://open.spotify.com/show/221AV5A65v7uYEsuMviVKl
💼Business Inquiries💼
[email protected]
⏰ Time Stamps ⏰
00:00 Intro
02:25 Malcolm's background
04:03 Discovering Crypto
06:28 Permissioned & Public blockchains
15:09 Why build on Solana
18:13 USDPT Stablecoin integration
22:03 How USDPT will be used
26:52 Genius Act compliance
28:56 Stablecoins in payments
31:16 Wallet usage
34:44 Stablecoins free up capital
38:30 Tokenization market
43:51 Roadmap
46:14 Wrap up questions
=================================================
#Stablecoins #Solana #WesternUnion #Crypto #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRP
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