Solana Just Took a Major Shot At Ripple, XRP Army Says Western Union Will Go Bankrupt

Western Union’s newest announcement has shaken the crypto industry and ignited fierce debate among ￰1￱ influencers Mason Versluis and Mickle have taken opposing sides in the controversy after Western Union confirmed it will build a U. S. dollar–backed stablecoin, USDPT, on the Solana ￰2￱ remittance giant’s decision to partner with Solana, not Ripple, has fueled speculation that XRP’s long-standing dominance in cross-border payments could be under ￰3￱ Versluis Calls It “Bad News for XRP” Mason Versluis reacted quickly, describing the news as “crazy” and potentially damaging for XRP. “Solana just did something crazy, and this could be bad news for XRP,” he said in a recent ￰4￱ to Versluis, “Western Union has partnered and chosen to build exclusively on Solana — not with Ripple, not with XRP.” He emphasized that this partnership is “a basic fact” rather than an opinion.

“They are choosing Solana,” he continued, explaining that Western Union is rejecting the need for a bridge currency. “They are saying there is no bridge ￰5￱ are stablecoins on Solana,” Versluis ￰6￱ added that this approach challenges Ripple’s core mission. “You guys know XRP — that’s its main mission, to be the bridge currency ,” he explained. “But what I’ve started to realize is that all crypto already does ￰7￱ itself is a bridge currency.” This company will be bankrupt before it moves a billion dollars on ￰8￱ keep focusing on Blockbuster, I'll focus on Netflix. ￰0￱ ￰9￱ — mickle (@xrpmickle) October 29, 2025 Western Union’s Solana Partnership Western Union’s official release confirmed that the USDPT stablecoin will be launched on Solana in partnership with Anchorage Digital ￰10￱ company said its new “Digital Asset Network” will enable faster, cheaper, and fully compliant global ￰11￱ Union’s CEO, Devin McGranahan, described the initiative as a vital step toward digital modernization.

“As we evolve into the digital-assets space, Western Union’s USDPT will allow us to own the economics linked to stablecoins,” McGranahan ￰12￱ company plans to integrate the stablecoin into its international transfer system, linking on-chain liquidity to its massive global ￰13￱ rollout is scheduled to begin in early ￰14￱ was chosen for its transaction speed and scalability, as well as its ability to process thousands of payments per second at minimal ￰15￱ Union aims to merge its decades of compliance experience with Solana’s blockchain ￰16￱ This a Threat to XRP? Versluis believes the decision undermines XRP’s unique role as a bridge asset for cross-border payments.

“They are propagating this idea that there is no bridge currency,” he said. “They are saying stablecoins are the bridge currency.” We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 However, XRP supporters argue that Ripple’s On-Demand Liquidity network remains unmatched in its ability to settle multi-currency transactions ￰17￱ like USDPT, they note, are pegged to a single fiat currency and therefore lack true interoperability. Ripple’s system allows value to move between currencies without pre-funded accounts, which remains a key ￰18￱ challenge for Western Union will be scaling this new system while maintaining liquidity, regulation, and consumer ￰19￱ such a large international network into a blockchain-based model will require time, capital, and flawless ￰20￱ Fires Back While Versluis viewed Solana’s deal as a potential blow to Ripple, Mickle dismissed it ￰21￱ posted, “This company will be bankrupt before it moves a billion dollars on Solana.” His comment was a direct reference to Western Union’s plan, which he believes is unsustainable.

Mickle’s remarks reflect a broader sentiment among XRP ￰22￱ see Western Union’s blockchain pivot as a desperate attempt to stay relevant in a rapidly evolving payments ￰23￱ comparing Western Union to “Blockbuster” and Ripple to “Netflix,” Mickle implied that XRP’s model remains the superior, scalable ￰24￱ Future of Global Payments The Western Union–Solana partnership marks a major turning point in blockchain ￰25￱ brings two different payment philosophies into direct competition: Solana’s stablecoin-based model and Ripple’s bridge-asset ￰26￱ sees this as a “major shot” at XRP, while Mickle calls it a doomed ￰27￱ will determine who is ￰28￱ Western Union succeeds, stablecoins may reshape international ￰29￱ if Ripple’s technology continues to attract financial institutions, XRP could remain the leading bridge asset in global ￰30￱ thing is clear — the race to revolutionize payments is far from ￰31￱ : This content is meant to inform and should not be considered financial ￰32￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰33￱ are urged to do in-depth research before making any investment ￰34￱ action taken by the reader is strictly at their own ￰35￱ Tabloid is not responsible for any financial ￰36￱ us on Twitter , Facebook , Telegram , and Google News