Western Union files ‘WUUSD’ trademark after Solana stablecoin reveal

Western Union filed a U.S. trademark for "WUUSD" on October 29th, covering downloadable cryptocurrency wallet software, stablecoin payment processing, trading, and exchange services. This filing occurred just one day after the company revealed its intention to launch a stablecoin named USDPT on the Solana blockchain in early 2026, issued by Anchorage Digital Bank.

The existence of both WUUSD and USDPT, both seemingly U.S. dollar-based tokens, raises questions about Western Union's strategy regarding differentiation or simultaneous operation. WUUSD might serve as a consumer-facing brand or a placeholder for future digital assets within their planned Digital Asset Network.

Analysts view the stablecoin move as an opportunity for remittance providers, suggesting that stablecoin rails could lower settlement costs, improve capital efficiency, and help mitigate purchasing power erosion for receivers in volatile economies.

(Source：The Block)