BitMEX Alpha
The Last Mile Problem: Is Western Union the Asymmetric Stablecoin Trade?
Stablecoins have become one of crypto’s few clean products, with US$250B of supply that’s projected to continue growing, tens of billions in daily settlements, and an increasingly clear role as the “dollar API” for the internet. But when you’re looking for the best trade to capitalise on the stablecoin narrative, the obvious ticker — Circle ($CRCL) — isn’t necessarily offering the best risk/reward. Western Union (WU), sitting on a
15 December 2025
