US banking giant Wells Fargo has filed a trademark application covering a wide range of cryptocurrency trading, payments and blockchain software services.
The application, filed Tuesday with the US Patent and Trademark Office (USPTO), seeks protection of the name “WFUSD.” According to official trademark records, the application is currently awaiting appointment to an examining attorney.
The proposal lists an extensive list of potential products and services related to digital assets, including “cryptocurrency trading services; cryptocurrency exchange services; cryptocurrency payment processing; financial brokerage services for cryptocurrency trading; electronic transfer of virtual currencies.”
The trademark also includes software tools designed for blockchain ecosystems. This app lists downloadable software for storing digital assets, accessing non-volatile tokens (NFTs), managing crypto wallets, and executing digital asset trades.
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Wells Fargo’s offering includes staking and tokenization
Other services mentioned in the proposal include cryptocurrency payment processing, electronic transfer of virtual currencies, and financial data feeds that feed price data into blockchain-based smart contracts.
In addition to trading infrastructure, Wells Fargo’s trademark application refers to software platforms as a service for tokenizing assets, verifying blockchain transactions and enabling cryptocurrency staking operations. The offering also includes blockchain-based authentication services and data transfer tools used in decentralized applications.
While trademark filings do not guarantee product launch, companies often use them to provide branding for potential future offerings.
Wells Fargo is a well-known multinational American financial services company and one of the “Big Four” banks of the USA.
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Banks are increasing pressure on stablecoins
The new token proposal comes after several major US banks, including JPMorgan, Bank of America, Citigroup and Wells Fargo, discussed a joint stablecoin project in 2025.
Earlier this year, Fidelity Digital Assets also launched the Fidelity Digital Dollar (FIDD), a 1:1 stablecoin on the Ethereum blockchain.
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