Crypto commentators are again mocking XRP holders as Western Union moves to deploy blockchain solutions on Solana instead of the XRP Ledger.
On Tuesday, the world’s largest money transfer company, Western Union, announced it will launch its U.S. Dollar Payment Token (USDPT) and Digital Asset Network on the Solana blockchain.
This marks a major shift in global finance, as Western Union bets on Solana’s fast blockchain for its stablecoin system. However, the news has stirred strong reactions in the XRP community.
Western Union’s Big Bet on Solana
In an official press release, Western Union revealed that Anchorage Digital Bank will issue the USDPT stablecoin and will go live in the first half of 2026.
The company stated that USDPT will help bridge the digital and fiat worlds. Specifically, it will allow customers and partners to send, receive, spend, and hold stablecoins in a regulated, seamless manner.
Western Union’s Digital Asset Network will also provide “cash off-ramps,” enabling crypto users to convert digital assets into real-world cash through its global network of agents and partners.
Furthermore, CEO Devin McGranahan highlighted that as Western Union moves into the digital assets space, Solana’s infrastructure provides the right balance of speed, reliability, and compliance to achieve their vision.
Why Not XRP?
The decision is particularly notable because Western Union had tested XRP technology for nearly a decade. As early as 2018, Fortune magazine reported that Western Union was experimenting with Ripple’s blockchain technology for transaction settlement and capital optimization.
Former CEO Hikmet Ersek confirmed this on the company’s earnings call, and a spokesperson also confirmed the XRP tests.
The company ran multiple pilots using XRP for cross-border settlements but never fully integrated it into its operations.
According to CEO McGranahan, Western Union’s decision came after evaluating various blockchains based on speed, cost, reliability, and scalability. And ultimately, Solana emerged as the clear winner.
Crypto commentator CryptosRus summarized the sentiment, saying:
“Western Union tested XRP for a decade but picked Solana. After a decade of experimenting, they finally found what fits.”
Now, the payments giant plans to process over $100 billion per year on the Solana network, positioning SOL as a dominant player in real-world blockchain adoption.
“It’s Embarrassing to Hold XRP in 2025”
The news didn’t sit well with XRP supporters. Some influencers called the moment a major blow to Ripple’s long-standing ambition to dominate cross-border payments.
Crypto influencer Lucas Dimos tweeted: “It’s embarrassing to hold XRP in 2025.”
Another X user, Abraham Linkoln, wrote: “XRP investors in absolute shambles.”
it’s embarrassing to hold $XRP in 2025 pic.twitter.com/fz5RtVMf8w
— lucas (@lucasdimos) October 28, 2025
While XRP remains a cornerstone of Ripple’s payment ecosystem, the growing number of major institutions opting for alternative chains like Solana and Chainlink has led many to question whether XRP’s early advantage in financial integration is fading.
Still, XRP is securing major partnerships with prominent payment processors, including SBI and Santander, even though it has experienced failed alliances with highly coveted names like SWIFT and Western Union.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
