The cryptocurrency community loves sensational headlines, especially when they imply widespread adoption. Last weekend, such a headline took over X, claiming that McDonald's would begin accepting payments in XRP starting today (Monday, August 4) at select locations in the United States.
Rumor Statement: Is XRP for Your Big Mac?
On August 3, a post from the account @Ripple_queen claimed:
🚨 LATEST NEWS: MCDONALD'S WILL TEST PAYMENT WITH #XRP 🍔💸 Starting MONDAY, select locations in the United States will begin accepting $XRP...
The post describes this as a potential "game-changing moment" for cryptocurrency payments and the XRP Ledger. The post suggests that customers may soon pay for fast food in just a few seconds using XRP, ending with the statement: "It would be great if that's true!"
Naturally, the post went viral on cryptocurrency Twitter. Retail creators and some XRP fans began discussing it. The timing seems reasonable as XRP's price is skyrocketing, and its market capitalization has just surpassed McDonald's.
But is that true?
No Announcement? No Agreement
Here are the reasons why this rumor is not true.
There has been no announcement from McDonald's or Ripple: Both companies have yet to confirm anything about payments in XRP. There are no press releases, blog updates, or public statements. With such a significant move, you would expect an official announcement, especially from Ripple, a company that typically makes regulatory disclosures when entering new markets.
The allegation started from an unclear tweet: The original post used vague terms like "allegedly" and did not cite any sources. That is a red flag. Even in the responses, many users pointed out that there is no evidence and called it speculation.
XRP is not used for retail payments like this: XRP has legitimate applications, primarily in cross-border banking transactions and remittances for organizations. This does not mean it is being applied at fast-food chains. Ripple's partnerships have always focused on financial infrastructure, not retail pilot projects. Maybe in the future. But not now.
Why is the XRP x McDonald's rumor spreading so fast?
To be fair, XRP has had a few weeks of strong growth.
Recently, this token has surpassed McDonald's in market capitalization, crossing the $215 billion mark. It has risen 4.11% in the past 24 hours, currently trading around $2.99. And with abundant weekly investment inflows from institutions, the market is clearly showing confidence.
So, when someone claims XRP is entering the fast-food sector, everyone is ready to believe it.
Final Verdict: Not True
There is no partnership between McDonald's and XRP. You will not be able to buy a Big Mac with cryptocurrency today.
That assertion is just a baseless rumor. If there are changes, you will hear information from official sources.