Western Union’s ‘WUUSD’ trademark hints at crypto offerings
A trademark filing by Western Union for “WUUSD” suggests the company is looking into building crypto wallet, crypto trading and even crypto lending services.
Major financial services company Western Union has filed for a trademark covering multiple crypto services just a day after sharing it would launch a stablecoin system on Solana early next year.
Western Union Holdings, Inc. filed with the US Patent and Trademark Office to trademark “WUUSD” on Wednesday, covering a range of crypto services related to stablecoins. The filing notes that the agency has accepted it, but it has yet to be assigned to an examiner.
The filing states that the WUUSD trademark could be used for a crypto wallet, crypto trading and stablecoin payment processing, among other things.