Summary
- Western Union filed the 'WUUSD' trademark, signaling an expansion of virtual asset services.
- The filing included a wide range of digital asset services, including stablecoin payment processing, cryptocurrency trading, wallets, and lending.
- The token is expected to launch on the Solana blockchain in the first half of 2026.
The global money transfer company Western Union (Western Union) filed the 'WUUSD' trademark with the United States Patent and Trademark Office (USPTO), showing moves to expand virtual asset (cryptocurrency) services. This application came one day after the company announced it would launch a Solana (SOL)-based stablecoin system in the first half of next year.
On the 29th (local time), according to Cointelegraph, Western Union filed the 'WUUSD' trademark with the USPTO and said it plans to use it for a wide range of digital asset services such as virtual asset (cryptocurrency) wallets, trading, payments, and lending. The trademark application is currently at the filing stage, and an examiner has not yet been assigned.
The application included items such as 'stablecoin payment processing', 'cryptocurrency trading and exchange services', and 'cryptocurrency wallet software'. It also mentioned the possibility of entering financial innovation areas beyond its existing remittance business, including "software to spend and trade cryptocurrencies" and "cryptocurrency lending and derivative exchange services."
Western Union earlier disclosed its stablecoin plans on October 23 at an investor conference call, and said the token is scheduled to launch on the Solana blockchain in the first half of 2026.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
