Wells Fargo applies for "WFUSD" trademark, expanding into stablecoins and digital asset services

CycleProphet · 2026-03-11T12:14:27+00:00

Wells Fargo applied for the "WFUSD" trademark with the United States Patent and Trademark Office on March 9, covering areas such as digital asset trading, cryptocurrencies, and blockchain payments, indicating its interest and investment intentions in stablecoins.

CycleProphet

2026-03-11 12:14:27

Abstract generation in progress

Deep Tide TechFlow News, March 11 — According to The Block, Wells Fargo submitted a trademark application for “WFUSD” to the U.S. Patent and Trademark Office on March 9. The application covers three main categories: digital asset trading software, cryptocurrency trading and exchange services, asset tokenization, and blockchain payment infrastructure. The naming format of “WFUSD” closely resembles the code format of dollar-pegged stablecoins, and the application explicitly mentions stablecoin trading software.

Wells Fargo currently holds approximately $2.1 trillion in assets. It has previously invested in blockchain analytics company Elliptic and crypto trading infrastructure company Talos. Its investment research arm also listed digital assets as an “investable asset class” in March 2025. Wells Fargo has not publicly responded to this trademark application.

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