Wells Fargo Files "WFUSD" Trademark on 9 March 2026, Signaling Dollar-Backed Token Plan

On March 9, 2026, Wells Fargo submitted a "WFUSD" trademark application to the U.S. Patent and Trademark Office, indicating work on a dollar-linked stablecoin or deposit token. The $2.1 trillion bank outlined plans spanning crypto trading, digital wallets, blockchain payments, and tokenization, but still faces a lengthy approval process from multiple U.S. regulators before any launch in a $280 billion stablecoin market.