Prominent financial services firm Western Union has applied for a trademark that encompasses various cryptocurrency services, just a day after announcing plans to introduce a stablecoin system on Solana early next year.
Western Union Holdings, Inc. submitted a trademark application for “WUUSD” to the US Patent and Trademark Office on Wednesday, targeting a diverse range of crypto services associated with stablecoins. The submission has been accepted by the agency but has not yet been allocated to an examiner.
The application specifies that the WUUSD trademark may be utilized for a crypto wallet, crypto trading, and stablecoin payment processing, among other options.
On an investor call on Oct. 23, Western Union revealed its stablecoin, named the US Dollar Payment Token (USDPT), and indicated that the token would debut on the Solana blockchain in the first half of 2026.
The company also plans to launch a Digital Asset Network in collaboration with Anchorage Digital Bank to serve as a cash off-ramp for its stablecoin service.
It’s still uncertain what distinguishes WUUSD from USDPT, as Western Union has also filed a similar trademark for USDPT in early October.
Western Union has not yet responded to a request for comment.
The WUUSD application outlines its potential use for stablecoin exchange and trading services, as well as “stablecoin payment processing.”
The application suggests a broader range of crypto services, mentioning its intended use in software for managing and verifying crypto transactions, or in applications “for spending and trading cryptocurrency.”
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Additionally, the application lists crypto exchange, trading, and payment processing services, as well as “financial brokerage services for cryptocurrency trading.”
Significantly, the filing includes mentions of crypto lending services, stating it involves “conducting a securities and derivatives exchange,” which marks a notable shift from Western Union’s usual sending and receiving services.
Payment and banking service providers are increasingly interested in the broader adoption of stablecoins following the passage of the GENIUS Act in July, which offers clearer guidelines on how companies can provide US dollar-tied stablecoins.
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