Core Insights - Western Union has applied for a trademark for "WUUSD" while planning to issue a USD-pegged stablecoin on the Solana blockchain in early 2026, despite previously announcing the coin would be called USDPT [1][2] - The WUUSD trademark application has been accepted by the USPTO but is pending examination for approval, and it may be used for stablecoin payment processing and foreign currency exchange [2] - Western Union aims to create a "digital asset network" to provide real-world utility for digital assets, though details on potential other tokens or projects remain unclear [3] Industry Context - The stablecoin market features multiple issuers like Tether and Circle, which have various stablecoins pegged to different assets, indicating a trend towards diverse stablecoin offerings [4] - Rajiv Sawhney from Wave Digital Assets suggests that WUUSD may serve as a more recognizable public-facing ticker, while USDPT could be the regulatory name, highlighting branding considerations in the stablecoin space [4] - A prediction market indicates that over 50% of respondents believe the stablecoin market value could reach $360 billion before February, reflecting optimism in the sector's growth potential [4]

Western Union (NYSE: WYU), one of the world’s oldest payments companies, has announced plans to launch its own U.S. dollar–backed stablecoin, marking a bold new chapter in its 175-year history. The stablecoin, dubbed the U.S. Dollar Payment Token (USDPT), will be built on the Solana blockchain and issued by Anchorage Digital Bank, the first federally chartered crypto bank in the United States. The company described USDPT as part of a broader “Digital Asset Network,” designed to bridge fiat and digital cu ...

Market Trends & Company Initiatives - Western Union's stock (WU) experienced an increase while Solana ($SOL) decreased [1] - Western Union formally announced their Digital Asset Network and USDPT stablecoin [1] - Western Union's stock increased by 5.4% following the announcement, equating to a $150 million increase in market capitalization [1] - Western Union's stablecoin is scheduled to launch on Solana in 2026 [1] Company Overview - Western Union operates in over 200 countries [1]

.@WesternUnion USDPT and the Digital Asset Network, built on Solana.Changing how the world's money moves.https://t.co/FVobqBOUPA https://t.co/RlHvOC3E6Z ...

RT Marino (@marinonchain)It’s official: @WesternUnion is building exclusively on Solana 😍The world’s largest money transfer company ($WU) is launching its own stablecoin - USDPT - and a Digital Asset Network fully powered by Solana.This is massive for mainstream adoption 🧵👇 https://t.co/NaOnnM5Dn1 ...