PANews, October 31 - According to Cointelegraph, Western Union's “WUUSD” trademark application submitted to the U.S. Patent and Trademark Office on Wednesday can be used in various fields such as Crypto Assets Wallets, Crypto Assets trading, and stablecoin payment processing. The trademark covers a range of stablecoin-related services, and the application has been accepted but not assigned to an examiner. It remains unclear what the distinction is between WUUSD and its planned stablecoin USDPT, as Western Union also submitted an identical trademark application for USDPT in early October.
The application document shows that WUUSD can be used for stablecoin exchange, trading, and payment processing, and also hints at providing a broader range of Crypto Assets services, such as software for managing and verifying transactions, “consuming and trading Crypto Assets”, as well as Crypto Assets exchanges, trading, payment processing, and financial brokerage services. In addition, the document mentions Crypto Assets lending services, namely “engaging in securities and derivatives trading”, which may significantly differ from Western Union's traditional business.
According to previous news, Western Union plans to launch a stablecoin USDPT built on the Solana blockchain in 2026; Western Union has applied for the registration of the WUUSD trademark.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Adoption Surges to 167M While Usage and Price Diverge
Key Insights
Solana reached 167 million holders, signaling strong adoption growth even as active addresses declined, showing a widening gap between ownership and usage trends.
Institutional interest increased as DeFi Development Corp accumulated over 2.22 million SOL, reinforcing long-term c
CryptoNewsLand1h ago
Bitcoin, Ethereum and Solana ETFs Record Positive Net Inflows on April 16
Gate News message, according to the April 16 update, Bitcoin ETFs recorded a 1-day net inflow of +2,855 BTC (+$209.95M) and a 7-day net inflow of +11,849 BTC (+$871.52M). Ethereum ETFs showed a 1-day net inflow of +15,477 ETH (+$35.44M) and a 7-day net inflow of +90,366 ETH (+$206.94M). Solana ETFs
GateNews3h ago
Circle Issues 250M USDC on Solana
Gate News message, April 16 — According to Whale Alert, Circle has minted 250 million USDC on the Solana blockchain.
GateNews3h ago
Bless Project Transfers 300M $BLESS Worth $3.83M Across Solana and BSC in 9 Hours
The Bless project transferred 300 million $BLESS tokens worth $3.83 million across Solana and BSC. 200 million were deposited into a CEX, and 56.76 million have been sold on BSC, with more sales ongoing.
GateNews5h ago
Solana and Ripple's 'XRP' Posts Highlight $100M Wrapped XRP Integration
Solana's recent post about "XRP" led to Ripple's reply, influencing XRP's price. This comes amid the launch of wrapped XRP on Solana through Hex Trust and LayerZero, attracting significant liquidity, highlighting an evolving collaboration in the crypto space.
GateNews6h ago
Solana-Backed Super PAC Plans $8M to Support Jon Husted in Ohio Senate Race
The Sentinel Action Fund, supported by the Solana Foundation, will invest $8 million to aid Republican Senator Jon Husted in the Ohio Senate race against Sherrod Brown, who opposes crypto. Husted is known for advocating pro-crypto legislation.
GateNews12h ago
