Western Union’s New Stablecoin Draws XRP Community Skepticism

Western Union, the 150-year-old payments giant, announced plans to launch a USD-backed stablecoin ($USDPT) on the Solana blockchain in 2026. This move aims to combine traditional money transfer systems with blockchain finance, leveraging Solana’s high speed for cross-border payments and efficiency. 🤝 ⚡️ 💻 💰 🌎 However, the announcement sparked mixed reactions from the XRP community. While some praised it as a step toward mainstream blockchain integration, others criticized its relative lack of impact compared to Ripple’s earlier efforts in the remittance space.