SAN FRANCISCO–Wells Fargo has filed a trademark application for “WFUSD,” a new digital asset-centric platform.
WFUSD would provide services “featuring software for tokenization of assets” and “cryptocurrency payments processing” and would “execute trades of digital assets,” the banking giant said in a filing with the U.S. Patent and Trademark Office.
The filing, which was first reported by Coindesk, says Wells Fargo’s move is similar to JPMorgan’s digital asset-related trademark filing in 2025 for “JPMD,” ahead of its debut of a USD deposit token with the same name.
Analysts have suggested the “WFUSD” trademark may signal the offering will be a tokenized deposit or stablecoin.
