Financial services company Western Union has filed for a trademark covering a range of cryptocurrency services. The filing follows an announcement that the company plans to launch a stablecoin system on the Solana blockchain early next year.

Western Union Hints at Crypto Expansion

Western Union submitted the trademark application for “WUUSD” to the US Patent and Trademark Office. The office has accepted the filing, but it has not yet been assigned to an examiner.

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The application states the trademark could be used for crypto wallets, trading, and stablecoin payment processing. It also mentions software for managing and verifying crypto transactions, as well as software for spending and trading cryptocurrency. Additional services listed include crypto exchange, trading, payment processing, and financial brokerage services for cryptocurrency.

The filing references crypto lending services described as “conducting a securities and derivatives exchange,” which may indicate an expansion beyond Western Union’s traditional send and receive services.

Stablecoin Launch Linked to Anchorage Partnership

Western Union announced its stablecoin, the US Dollar Payment Token (USDPT), on an investor call on October 23. The company said the token would launch on Solana in the first half of 2026. It also plans to introduce a Digital Asset Network in partnership with Anchorage Digital Bank to provide a cash off-ramp for the stablecoin service.

It is currently unclear how WUUSD and USDPT differ. Western Union filed a trademark application for USDPT in early October.

Source: Finance Magnates