The American bank Wells Fargo has filed a trademark application for WFUSD in the United States. The document appeared in the USPTO database on Wednesday, although the application itself is dated March 9.
It is currently at the preliminary review stage. The agency clarified that the document meets the basic filing requirements, but it has not yet been forwarded to a patent examiner.
The WFUSD brand in the application is associated with a number of crypto services. These include programs for digital asset trading, payment tools, and crypto wallet functions. Crypto exchange, working with digital asset data, and tokenization solutions are also mentioned.
The name WFUSD resembles tickers typically used for stablecoins pegged to the US dollar. The application also mentions software for processing transactions with stablecoins.
Wells Fargo has not yet publicly commented on the application.
Wells Fargo Strengthens Crypto Infrastructure Development
Wells Fargo has already made investments in crypto infrastructure. In February 2020, the Wells Fargo Strategic Capital division invested $5 million in Elliptic. This company specializes in blockchain data analysis. Other investors at the time included SBI Holdings and Santander InnoVentures.
Later, the bank participated in another major deal. In May 2022, Wells Fargo joined the Series B round of Talos for $105 million. Talos develops infrastructure for crypto trading. Along with the bank, Citigroup, BNY Mellon, and DRW also participated in the round. After this, the company was valued at $1.25 billion.
See Also: The ECB Presents Appia Roadmap for Central Bank Money on Europe's Tokenized Markets
The filing for WFUSD also coincided with more recent statements from the Wells Fargo Investment Institute. In its March 2025 report, it stated that digital assets can already be considered a viable investment tool.
The report's authors noted another point. In their assessment, digital assets are weakly correlated with traditional asset classes over a period of five and ten years. Within its asset allocation model, the bank classifies them as real assets.
Wells Fargo itself finished the fourth quarter of 2025 with a net profit of $5.36 billion. That is $1.62 per diluted share. A year earlier, for the same period, the bank earned $5.08 billion, or $1.43 per share.
