Financial services major Western Union has filed for a trademark covering multiple crypto services just one day after sharing it will launch a stablecoin system on Solana early next year.
Western Union Holdings, Inc. filed an application with the US Patent and Trademark Office to register the trademark “WUUSD” on Wednesday, which covers a range of cryptocurrency services related to stablecoins. The file indicates that the agency has accepted him, but he has not yet been assigned to the examiner.
The filing states that the WUUSD brand could be used for cryptocurrency wallets, cryptocurrency trading, and stablecoin payment processing, among other things.
Western Union announced its stablecoin, called US Dollar Payment Token (USDPT), on a call to investors on October 23, and shared on Tuesday that the token will be launched on the Solana blockchain in the first half of 2026.
The company added that it will also launch a digital asset network in partnership with Anchorage Digital Bank that will serve as a cash ramp for its stablecoin service.
It is currently unclear what the differences are between WUUSD and USDPT, as Western Union also filed an identical trademark for USDPT in early October.
Western Union did not immediately respond to a request for comment.
WUUSD's filing states that it can be used for stablecoin exchanges and trading services, along with “stablecoin payment processing.”
The filing refers to a wide range of cryptocurrency service offerings, noting the brand's use of software that manages and verifies cryptocurrency transactions, or in software to “spend and trade cryptocurrencies.”
Related to: Revolut launches 1:1 swaps from USD to stablecoins as fintech companies grow more interested in cryptocurrencies
Cryptocurrency exchange, trading and payment processing services are also listed in the filing, along with “financial brokerage services for cryptocurrency trading.”
It's worth noting the filing's reference to cryptocurrency lending services, which it adds “specifically, conducting the exchange of securities and derivatives,” which would represent a significant departure from the typical sending and receiving services offered by Western Union.
Payment and banking providers have been looking to adopt stablecoins more widely since the US passed the GENIUS Act in July, which provides increased clarity on how companies can offer stablecoins pegged to the US dollar.
magazine: Back to Ethereum – How Synthetics, Ronin and Silo saw the light
