Western Union stays a Buy with new stablecoin and digital push despite short-term risks.

Western Union remains a Buy as it launches its stablecoin USDPT and advances digital transformation to improve settlement efficiency and create new revenue streams. Despite recent share price stagnation and short-term risks like margin pressure, North American market weakness, and regulatory uncertainty over the Intermex acquisition, the company reaffirms its 2026 earnings and revenue guidance. Trading at a low forward P/E of 4.3 and offering an 11.5% dividend yield, Western Union is seen as fundamentally undervalued with limited downside due to its strong legacy remittance business.