{"id":7423,"date":"2026-03-12T09:13:38","date_gmt":"2026-03-12T09:13:38","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=7423"},"modified":"2026-03-12T09:13:38","modified_gmt":"2026-03-12T09:13:38","slug":"wells-fargo-signals-crypto-expansion-with-wfusd-trademark-filing","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=7423","title":{"rendered":"Wells Fargo Signals Crypto Expansion With \u2018WFUSD\u2019 Trademark Filing"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"blockquote-block_be5a4198ee6ff27f5fec9dbfd3efb519\" class=\"blockquote-container\" style=\"border-color: #5100fc\">\n<div class=\"blockquote-text\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Wells Fargo filed a trademark application for a cryptocurrency-related name called WFUSD<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The bank previously tested internal blockchain settlement tools and discussed a joint stablecoin with other major financial institutions<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Shares of the company traded lower on the day of the filing despite maintaining a gain over the past year<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>Wells Fargo has filed a trademark application for \u201cWFUSD,\u201d a name tied to cryptocurrency and stablecoin-related services, according to a March 10 submission to the US Patent and Trademark Office (USPTO).<\/p>\n<p>The filing shows the US banking giant may be considering a dollar-linked digital asset, such as a stablecoin or tokenised deposit. Wells Fargo did not respond to requests for comment before publication.<\/p>\n<p>The application has been accepted by the USPTO but has not yet been assigned to an examining attorney. Trademark reviews typically take more than 10 months on average before reaching a decision.<\/p>\n<p><strong>Related: Crypto Hacks Drop in February as Phishing and Wallet Scams Surge<\/strong><\/p>\n<p>Any product tied to WFUSD would likely depend on regulatory clarity and the bank\u2019s strategy for serving institutional or commercial clients.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-banks-expand-digital-asset-experiments\">Banks Expand Digital Asset Experiments<\/h2>\n<p>Large financial institutions have been gradually increasing their involvement in blockchain-based payment systems and tokenized financial products. A report from the Wall Street Journal last May said Wells Fargo, JPMorgan Chase, Bank of America, and Citigroup had held early discussions about launching a jointly issued stablecoin.<\/p>\n<p>Wells Fargo has also previously tested blockchain infrastructure internally. In 2019, the bank introduced a pilot program called Wells Fargo Digital Cash, designed as an internal settlement tool running on the company\u2019s distributed ledger technology platform.<\/p>\n<p>A similar trademark strategy was used by JPMorgan last year. The bank filed for \u201cJPMD,\u201d a name that later appeared in connection with a permissioned U.S. dollar deposit token launched on Base, the Ethereum layer-2 network developed by Coinbase.<\/p>\n<p>Shares of Wells Fargo &amp; Company (WFC) were down about 1.8% on the day, recently trading near US$77.60 (AU$119). The stock has declined around 17.5% since the start of the year but remains more than 14% higher over the past 12 months.<\/p>\n<p><strong>Related: Bitcoin Goes Interstellar: Startup Plans to Mine BTC in Orbit<\/strong><\/p>\n<\/p><\/div>\n<p>Banks,Digital Asset,Wells Fargo#Wells #Fargo #Signals #Crypto #Expansion #WFUSD #Trademark #Filing1773306818<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wells Fargo filed a trademark application for a cryptocurrency-related name called WFUSD The bank previously tested internal blockchain settlement tools and discussed a joint stablecoin with other major financial institutions Shares of the company traded lower on the day of the filing despite maintaining a gain over the past year Wells Fargo has filed a<\/p>\n","protected":false},"author":1,"featured_media":7424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[62,3101,3249,570,206,3251,3248,3250],"class_list":{"0":"post-7423","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-crypto","9":"tag-expansion","10":"tag-fargo","11":"tag-filing","12":"tag-signals","13":"tag-trademark","14":"tag-wells","15":"tag-wfusd"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - 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