Wells Fargo Files Trademark for 'WFUSD' Covering Stablecoins and Digital Assets

Wells Fargo, one of the largest banks in the United States, has submitted an application to the U.S. Patent and Trademark Office for 'WFUSD.' According to NS3.AI, this trademark covers stablecoins, cryptocurrency, digital-asset trading, payments, and software services. This move is compared to Western Union's 'WUUSD' filing and JPMorgan's 'JPMD' mark, which was eventually used for a tokenized deposit instead of a stablecoin.