Western Union Chooses Solana for Regulated Stablecoin Rail, Moving Away from XRP

Western Union has chosen Solana as the foundation for its new regulated stablecoin rail, signaling a shift away from its previous experiments with Ripple’s XRP technology. The company will launch its US Dollar Payment Token (USDPT) stablecoin and Digital Asset Network in the first half of 2026. 2018 trials with Ripple’s xRapid service and XRP token yielded limited results, failing to demonstrate cost savings at scale. 2026’s USDPT project will leverage Solana’s established stability, scalability, and regulatory compliance, aiming to provide a more efficient and secure off-ramp for digital transactions across borders.