Western Union: Financial giant plans to offer more crypto services

INFBusiness
01.11.2025
Markets

Just days after announcing its own stablecoin, Western Union is reportedly planning to offer further crypto services.
The company filed for trademark rights for “WUUSD” with the US Patent and Trademark Office (USPTO). The registration covers, among other things, crypto wallets, stablecoin transfers, blockchain payments, and lending services.
It is unclear whether the name refers to the stablecoin that Western Union announced on Wednesday or is related to the Digital Assets Network, which is intended to connect wallet providers and enable cash offramps via the company's global retail network.
The launch of both projects is planned for the first half of 2026. The company is relying on Solana for its technical infrastructure.
In its 175-year history, Western Union has become one of the largest providers of cross-border payments. However, business has recently stagnated – partly because new (crypto) payment technologies offer significantly more favorable conditions.
The company is attempting to find an answer by launching its own stablecoin and its own digital payment network.

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