In an official announcement, Western Union confirmed filing the WUUSD trademark with the U.S. Patent and Trademark Office, covering cryptocurrency wallets, trading, stablecoin payment processing, exchange services, crypto lending, and derivatives trading. This move is part of its plan to issue a U.S. dollar-backed stablecoin on the Solana blockchain in 2026 in partnership with Anchorage Digital Bank. The stablecoin will integrate into Western Union’s Digital Asset Network, enabling cash-out at 380,000 locations worldwide, aiming to enhance remittance efficiency, speed settlements, and reduce pre-funding requirements.