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Western Union remittance application sign up for WUUSD trademark, will launch encryption Wallet and stablecoin payment services.
Traditional remittance giant Western Union ( announced the launch of the Solana stablecoin USDP, shortly followed by its application for the WUUSD trademark, indicating its transition from remittance services to a broader digital asset ecosystem. From stablecoins to encryption trading and wallets, this century-old financial company is paving the way for its entry into the blockchain space.
From USDPT to WUUSD: The Strategic Layout Behind Western Union Remittances
Western Union recently announced that it will launch USDPT ) US Dollar Payment Token ( in the first half of 2026, issued and deployed by the compliant encryption bank Anchorage Digital Bank on the Solana Blockchain. This stablecoin aims to allow users to hold and circulate digital dollars through Western Union's global network.
Just a day later, the company applied to the United States Patent and Trademark Office )USPTO( for the “WUUSD” trademark, covering business areas from encryption Wallet, stablecoin payment processing to trading and lending services, suggesting that this is not just a token, but a key step towards a complete encryption financial platform.
) Western Union will issue the stablecoin USDPT on Solana, expected to go live in the first half of 2026 (
From remittance industry to crypto finance: Two stablecoins may serve as product layers
It is currently unclear whether WUUSD and USDPT are the same, or if there will be brand reshaping and integration in the future. The Block's analysis suggests that WUUSD may serve as a simplified brand name aimed at consumers, while USDPT is used for enterprise or institutional purposes.
On the other hand, in light of Western Union's cooperation with Anchorage to build the infrastructure for the Digital Asset Network, serving as the cash off-ramp for stablecoins )cash off-ramp(, WUUSD is also expected to become a core product to unify its encryption services.
If the plan goes smoothly, this will allow Western Union to transform from a traditional remittance provider into a comprehensive digital financial platform that integrates stablecoins, digital wallets, and encryption transactions.
CEO: Stablecoins are an opportunity, not a threat.
As the company's CEO Devin McGranahan previously pointed out: “We view stablecoins as an opportunity, not a threat. We have a 175-year history, and for the past 175 years, we have been innovating. Stablecoins represent another opportunity for innovation.”
He believes that stablecoin payments can reduce cross-border settlement costs, enhance capital efficiency and fund turnover speed, help users in high-inflation markets stabilize purchasing power, and reduce the pre-allocation fund pressure on agents. These advantages are expected to allow Western Union to reshape its core competitiveness in emerging markets.
)Western Union CEO: Stablecoins are an opportunity, not a threat! Exposed that the cross-border remittance leader is exploring stablecoin business(
The regulatory environment is maturing, and traditional finance is accelerating its entry.
Benefiting from the passage of the GENIUS Act in July by the United States, which clearly defined the regulations for stablecoin issuance, payment giants like Visa, PayPal, and Stripe have begun to accelerate their actions to incorporate stablecoins into their core infrastructure.
Western Union's frequent actions reflect the traditional financial system's full alignment towards compliant stablecoins and encryption payments. The trademark registration of WUUSD is not just a brand change, but it may also be the most critical redefinition in Western Union's century-long history.
)Visa expands support for four blockchains and stablecoins, with cryptocurrency spending increasing fourfold last quarter(
This article about the Western Union remittance application registration for the WUUSD trademark will launch encryption wallet and stablecoin payment services, first appearing on Chain News ABMedia.