Crypto analyst Panos has criticized Western Union's plan to launch a USD-backed stablecoin on the Solana blockchain, describing it as a regression for decentralized finance. He argues that the initiative represents 'centralized predation repackaged as innovation' and calls for the crypto industry to reject such traditional financial structures. Panos reaffirms his support for XRP as the true bridge asset, emphasizing its role in enabling permissionless liquidity and cross-currency settlement. He urges the industry to focus on fully decentralized systems rather than adopting centralized solutions.