According to COINTELEGRAPH, large financial services company Western Union recently applied for a trademark covering a variety of cryptocurrency services, just one day after announcing that it would launch a stablecoin system on Solana early next year.
According to documents from the U.S. Patent and Trademark Office, Western Union Holdings, Inc. submitted a trademark application for "WUUSD" on Wednesday, covering a range of cryptocurrency services related to stablecoins. The documents indicate that the application has been accepted, but a reviewer has not yet been assigned.
The application states that the "WUUSD" trademark can be used for various purposes, including cryptocurrency wallets, cryptocurrency trading, and stablecoin payment settlements.
Western Union announced its stablecoin—USD Payment Token (USDPT)—during an investor conference call on October 23, and revealed on Tuesday that the token will be launched on the Solana blockchain in the first half of 2026.
The company also stated that it will collaborate with Anchorage Digital Bank to launch a digital asset network to provide cash redemption channels for its stablecoin services.
It is currently unclear what the difference is between WUUSD and USDPT, as Western Union also submitted the same trademark application for USDPT in early October.
Western Union did not immediately respond to requests for comment.
The WUUSD application details its use for stablecoin exchange and trading services, as well as "stablecoin payment processing."
The application hints at a broader range of cryptocurrency service products, mentioning that the trademark could be used for software to manage and verify cryptocurrency transactions, or for software used for "consuming and trading cryptocurrencies."
Cryptocurrency exchanges, trading, and payment processing services are also listed in the application, along with "financial brokerage services for cryptocurrency trading."
Notably, the application mentions cryptocurrency lending services, adding that it is "for securities and derivatives exchanges," which may represent a significant shift for Western Union from its typical remittance services.
Since the U.S. passed the GENIUS Act in July, payment and banking service providers have been paying attention to the broader adoption of stablecoins, as the act provides clearer guidance on how companies can offer stablecoins pegged to the U.S. dollar.
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Original: “Western Union's 'WUUSD' Trademark Suggests Cryptocurrency Business Layout”
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