Panos: Western Union’s Stablecoin Launch Represents a Step Back for Decentralization

Crypto analyst Panos criticizes Western Union’s upcoming USD-backed stablecoin launch on the Solana blockchain, arguing it perpetuates centralized financial structures. He believes XRP remains the true bridge asset, facilitating permissionless liquidity and cross-currency settlement in DeFi. In a tweet expressing his dissent, Panos states that the future of finance lies in truly decentralized systems free from legacy financial giants.