The Solana community registers in the present day, Could 4, 2026, the existence of not less than 24 tokens that impersonate the US Greenback Cost Token (USDPT). This asset is the brand new stablecoin formally issued by the monetary agency Western Union.
The wave of fraudulent property emerged after the US firm launched its legit token on the Solana infrastructure. Western Union determined to make use of this community to optimize cash settlements between its world companions by quick and low-cost digital transactions.
The official deployment served as a sign for malicious actors to create unauthorized copies on automated streaming platforms reminiscent of Raydium by its LaunchLab instrument and on Pump.enjoyable. These protocols are instruments that enable anybody to create a digital asset in a couple of seconds with out going by veracity filters and with out the necessity to have superior technical information.
Based on knowledge from decentralized finance (DeFi) tracker DEXTools, a few of these misleading tokens have been generated simply an hour in the past. Nonetheless, different data date again six months, suggesting prior planning because the undertaking was introduced in October 2025, as reported by CriptoNoticias.
The deliberate confusion is already producing results out there, as considered one of these pretend property doubled its worth in a single day. This token went from 0.000053 to 0.0001083 {dollars}, which represents a rise of 100% within the final 24 hours.
The primary threat of those pretend token launches is the “rug pull.” This rip-off consists of the creators of the token abruptly withdrawing all liquidity, that’s, the cash that permits the asset to be purchased and bought. When executing this motion, the value drops to zero immediately and consumers are left with nugatory property.
Any tokens promoted with comparable names on open, unregulated markets characterize an imminent hazard. Buyers ought to train excessive warning as taking part in these markets carries a excessive likelihood of whole capital loss.
