Main monetary providers firm Western Union has filed for a trademark overlaying a number of crypto providers only a day after sharing it might launch a stablecoin system on Solana early subsequent 12 months.
Western Union Holdings, Inc. filed with the US Patent and Trademark Workplace to trademark “WUUSD” on Wednesday, overlaying a variety of crypto providers associated to stablecoins. The submitting notes that the company has accepted it, however it has but to be assigned to an examiner.
The submitting states that the WUUSD trademark might be used for a crypto pockets, crypto buying and selling and stablecoin fee processing, amongst different issues.
Western Union introduced its stablecoin, referred to as the US Greenback Fee Token (USDPT), on an investor name on Oct. 23, and shared on Tuesday that the token would launch on the Solana blockchain within the first half of 2026.
The corporate added that it might additionally launch a Digital Asset Community in partnership with Anchorage Digital Financial institution that might act as a money off-ramp for its stablecoin service.
It’s at the moment unclear what the variations are between WUUSD and USDPT, as Western Union additionally lodged an similar trademark submitting for USDPT in early October.
Western Union didn’t instantly reply to a request for remark.
The submitting for WUUSD particulars that it might be used for stablecoin trade and buying and selling providers, alongside “stablecoin fee processing.”
The submitting hints at a wider array of crypto service choices, mentioning the trademark’s use for software program that manages and verifies crypto transactions, or in software program “for spending and buying and selling cryptocurrency.”
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Crypto trade, buying and selling and fee processing providers are additionally listed within the submitting, alongside “monetary brokerage providers for cryptocurrency buying and selling.”
Of notice is the submitting’s point out of crypto lending providers, which it provides is “particularly, conducting a securities and derivatives trade,” which might be a big departure from Western Union’s typical ship and obtain providers.
Fee and banking service suppliers have been eyeing the broader adoption of stablecoins because the US handed the GENIUS Act in July, which offers elevated readability on how corporations can supply US dollar-tied stablecoins.
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