Western Union has filed a U.S. trademark for “WUUSD,” one day after unveiling plans to launch a stablecoin called USDPT on the Solana blockchain. The Oct. 29 filing, listed under serial number 99468604, covers downloadable cryptocy wallet software, stablecoin payment processing, trading, and exchange services, according to U.S. Patent and Trademark Office records. The mark was filed by Western Union Holdings Inc. and is currently listed as “awaiting examination.”
Both names point to U.S. dollar-based tokens, raising questions about how Western Union plans to differentiate between the two, or even whether the company intends for both assets to exist simultaneously. WUUSD could serve as a simplified consumer-facing brand or potentially a placeholder for future digital-asset products within the company’s planned Digital Asset Network. Western Union has not responded to The Block’s request for comment on the WUUSD filing.
On Tuesday, Western Union said it intends to launch USDPT in early 2026, issued by Anchorage Digital Bank. The token will allow users to send, receive, and hold stablecoins through Western Union’s global infrastructure, marking one of the company’s most significant forays into blockchain since its Ripple trials in 2018.
Analysts at William Blair called the announcement “a clear opportunity rather than a threat” for remittance providers, noting that stablecoin rails could lower settlement costs, improve capital efficiency, and expand access in high-inflation markets.
“We see a clear use-case for USD-denominated stablecoin holdings by remittance receivers in highly inflationary/FX-volatile economies as a means to mitigate purchasing power erosion,” the analysts wrote in an Oct. 28 note to clients.” Further, stablecoin-enabled solutions should increase settlement speed and lower distribution partner pre-funding requirements, essentially reducing reliance on the historically constrained.”
MapleStory Universe is putting artificial intelligence in the hands of game creators with the launch…
Kalshi is making another major move beyond prediction markets, filing with the Commodity Futures Trading…
Coinbase is bringing high-leverage decentralized derivatives directly into its Base App through an integration with…
Hong Kong's first regulated Hong Kong dollar stablecoin is moving beyond testing and into real-world…
Cybersecurity researchers at Rapid7 have uncovered a sophisticated crypto fraud operation that used nearly 885,000…
The highly anticipated launch of $CLOCKIN on StonkBroker’s Stonk Launcher has come under scrutiny after…