Western Union Files Trademark for ‘WUUSD’ a Day After USDPT Stablecoin Reveal

Western Union trademarked the name “WUUSD” shortly thereafter announcing the plans to issue its own USD pegged stablecoin on the Solana blockchain in the early part of 2026.

The move comes despite Western Union saying the new publicly announced currency, issued by Anchorage Digital Bank, would be called USDPT.

A trademark deposit for the term USDPT was also found in the USPTO database, and WUUSD has not yet been publicly mentioned in Western Union ads.

According to the USPTO filingThe WUUSD trademark application was accepted by the office and met the minimum filing requirements but was not reviewed for approval. Approval of US trademarks usually takes several months, depending on their complexity.

The file says that the WUUSD brand can be used for stablecoin payment processing, payment processing and foreign currency exchange.

In an announcement, the payments giant said it plans to introduce a “digital asset network” that creates “real utility for digital assets,” without giving many extra details or saying whether this ecosystem could include other tokens or overlapping projects.

Decrypt contacted Western Union about the WUUSD brand deposit.

Multiple stablecoins?

Many crypto asset companies, such as Tether or Circle, issue several stablecoins pegged to different assets such as the dollar, the euro, the Chinese yuan, or commodities such as gold. Others, such as Paxos (USDP and PYUSD) and Binance (BUSD and FDUSD), have debuted similar coins under different issuers or reserve structures. Sometimes the same stablecoin hosted on different blockchains can have different tickers.

Rajiv Sawhney, head of international portfolio management at Wave Digital Assetshe thinks the mysterious filing may be a simple branding issue. He says WUUSD could be “the public ticker or symbol, while USDPT remains the regulatory and issue name used in technical filings and contracts.”

Sawhney adds that Western Union may have “realized that USDPT is a clumsy, unrecognizable name, while Western Union USD is much more recognizable.” However, he admits that the real reason for the move is “hard to say at this point.”

In a Myriad prediction market, more than 50% of respondents believe that the stablecoin market value will hit $360 billion before February. Myriad is a unit of Dastan, the parent company of an independent publisher Decrypt.