US banking giant Wells Fargo has filed a trademark application covering a wide range of cryptocurrency trading, payment and blockchain software services.
Registration convoluted on Tuesday to the United States Patent and Trademark Office (USPTO) seeking protection of the “WFUSD” name. According to official trademark records, the application is currently awaiting assignment to a hearing attorney.
The filing outlines a broad list of potential products and services related to digital assets, including “cryptocurrency trading services, cryptocurrency exchange services, cryptocurrency payment processing, financial intermediation services for cryptocurrency trading, electronic transfer of virtual currencies.”
The trademark also covers software tools intended for blockchain ecosystems. The app includes a list of downloadable software that allows you to stake digital assets, access non-fungible tokens (NFTs), manage cryptocurrency wallets, and transact digital assets.
Related: Western Union’s “WUUSD” trademark indicates cryptocurrency offerings
Wells Fargo’s filing includes staking and tokenization
Other services mentioned in the filing include cryptocurrency payment processing, electronic transfers of virtual currencies and financial data feeds that provide pricing information to blockchain-based sharp contracts.
In addition to trading infrastructure, the Wells Fargo-trademarked app references software-as-a-service platforms for tokenizing assets, verifying blockchain transactions and enabling cryptocurrency staking operations. The filing also covers blockchain-based authentication services and data transmission tools used in decentralized applications.
While trademark applications do not guarantee a product will be launched, companies often operate them to secure their brand for potential future offerings.
Wells Fargo is a leading American multinational financial services company and one of the “Big Four” American banks.
Related: South Korean bank stocks surge following stablecoin trademark filings
Banks are increasing the promotion of stablecoins
The fresh trademark filing comes after several major US banks, including JPMorgan, Bank of America, Citigroup and Wells Fargo itself, have 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 to the US dollar at a 1:1 ratio on the Ethereum blockchain.
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