US banking giant Wells Fargo has applied for trademarks covering a wide range of crypto trading, payments and blockchain software services.
The application, filed Tuesday with the United States Patent and Trademark Office (USPTO), seeks protection for the name “WFUSD.” According to official trademark records, the application is currently awaiting assignment to an examiner.
The application outlines an extensive list of potential products and services related to digital assets, including “virtual currency trading services, virtual currency exchange services, virtual currency payment processing, financial intermediary services for virtual currency transactions, and electronic transfers of virtual currency.”
This trademark also covers software tools designed for the blockchain ecosystem. This application lists downloadable software for staking digital assets, accessing non-fungible tokens (NFTs), managing crypto wallets, and performing digital asset transactions.
Related: Western Union’s ‘WUUSD’ trademark hints at cryptocurrency offering
Wells Fargo’s application includes staking and tokenization
Other services mentioned in the application include cryptocurrency payment processing, digital currency transfers, and financial data feeds that provide pricing information to blockchain-based smart contracts.
In addition to trading infrastructure, Wells Fargo trademark applications refer to software-as-a-service platforms for asset tokenization, blockchain transaction validation, and enabling cryptocurrency staking operations. The application also includes authentication services and blockchain-based data transmission tools for use in decentralized applications.
Wells Fargo applies for the WFUSD trademark. sauce: USPTO
Although trademark filings do not guarantee product launch, companies often use trademark filings to secure future product branding.
Wells Fargo is a prominent American multinational financial services company and one of the “Big Four” banks in the United States.
Related: South Korean bank stocks soar after stablecoin trademark filing
Banks step up promotion of stablecoins
This new trademark filing comes after several large US banks, including JPMorgan, Bank of America, Citigroup, and Wells Fargo itself, reportedly discussed a joint stablecoin project in 2025.
Earlier this year, Fidelity Digital Assets also launched Fidelity Digital Dollar (FIDD), a fully collateralized stablecoin pegged at 1:1 USD on the Ethereum blockchain.
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