The Solana network today, May 4, 2026, registered the existence of at least 24 tokens impersonating the US Dollar Payment Token (USDPT). This asset is a new stablecoin officially launched by the financial company Western Union.
The wave of illicit assets occurred after the US company launched legitimate tokens on the Solana infrastructure. Western Union has decided to use this network to optimize remittance payments between global partners through fast, low-cost digital transactions.
The formal introduction served as a signal for malicious actors to create unauthorized copies on automated streaming platforms such as: Raydium is offered through the LaunchLab tool and Pump.fun.. These protocols are tools that allow anyone to create digital assets in seconds, without passing any authenticity filters or requiring advanced technical knowledge.
According to data from decentralized finance (DeFi) tracker DEXTools, some of these deceptive tokens were created just an hour ago. However, as reported by CriptoNoticias, other records date back six months, suggesting the project was planned in advance since it was announced in October 2025.
Deliberate disruptions are already impacting the market, with one of these fake assets doubling in value in a day. This token went from $0.000053 to $0.0001083. This represents a 100% increase over the past 24 hours.
The main risk of these fake token launches is “lag pull”. This scam consists of the token creator suddenly withdrawing all their liquidity, i.e. the funds needed to buy and sell the asset. When you perform this movement, The price instantly drops to zero, leaving the buyer with a worthless asset..
Tokens advertised with similar names in unregulated open markets represent an immediate danger. Investors should exercise extreme caution when participating in these markets as they are likely to incur total capital loss.
(Tag translation) Cryptocurrency
