The crypto bank aims to help financial institutions offer round-the-clock payments and settlement without replacing their core systems.
USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and Ripple's RLUSD tokens.
Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape, according to the firm’s CEO Nathan McCauley.
The integration provides institutions with a compliant way to hold TRX and will be expanded to include TRC-20 assets and native TRX staking.
Tether has landed a Big Four accounting firm’s name on a reserve report tied to its US strategy. On Feb. 27, Deloitte issued an independent accountant’s report on Anchorage Digital Bank’s “USAT Reserve Report,” an attestation covering USAT, a US dollar token issued by Anchorage Digital Bank, National Association, in collaboration with Tether. The development […]
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Anchorage Digital, the first federally chartered U.S. crypto bank, has added perpetual preferred stock in bitcoin treasury firm Strategy to its balance sheet.
Anchorage CEO Nathan McCauley stated that Anchorage Digital plans to 'build the future of BTC' with Strategy.
Crypto bank Anchorage Digital is launching U.S.-compliant stablecoin rails for international banks, offering faster movement of assets across borders.
Anchorage Digital is the firm issuing Tether's USAT stablecoin, designed for the U.S. market.
While Circle's USDC has operated without a "credible domestic competitor," Tether's USAT has the potential to shake up the landscape, analysts said.
The new token is issued by Anchorage Digital Bank and designed to comply with the GENIUS Act, targeting institutional demand for a U.S.-regulated digital dollar.
The bank has bought the Securitize For Advisors unit, bringing the RIA-focused crypto wealth management platform in-house.
The USDGO token will be issued under U.S. federal oversight and backed 1:1 by U.S. dollar assets.
The U.S. stablecoin law prohibits paying interest on stablecoins, but Anchorage aims to offer a template to distribute yield-like rewards to token holders to stay compliant.
The bank aims to provide a key piece of infrastructure for stablecoin issuers to back the value of their tokens, similarly to BlackRock's Circle Reserve Fund for USDC.
Also: Monad Tokenomics Unveiled, Anchorage Dabbles in BTC DeFi and Injective’s Native EVM.
Anchorage Digital is opening institutional pathways into Bitcoin-native DeFi, providing a regulated gateway to BOB’s hybrid Bitcoin–Ethereum ecosystem.
The token was designed to meet the U.S. stablecoin issuance standard, with Anchorage Digital and Cantor Fitzgerald supporting issuance and reserve management.
The first U.S.-chartered crypto bank had been resolving the agency's requirements to fix anti-money laundering controls since 2022.
Thousands of Bitcoin flowed through an Anchorage Digital address and Gemini hot wallets in what partly seems like a shift in BTC treasury holdings.
Ethena's token ENA was up 10%, outperforming the broader crypto market that saw many altcoins plunging overnight.
Anchorage will issue Ethena’s USDtb onshore, providing the first GENIUS‑compliant stablecoin and bringing the asset under U.S. federal oversight.
The vehicle from REX Shares and Osprey Funds has selected Anchorage Digital as the exclusive custodian and staking partner.
The crypto custodian rated USDC and AUSD poorly for regulatory oversight and reserve management, while executives from VanEck, Coinbase and others questioned the ranking.
“There is no investigation into us, as is unambiguously clear at this point,” Anchorage Digital CEO Nathan McCauley said on Wednesday at Consensus 2025 in Toronto.
The deal aims to strengthen Anchorage Digital’s role in the institutional stablecoin ecosystem, CEO Nathan McCauley said.
The business launches with $2 billion in initial financing.
FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examined regulators keeping banks out of crypto.
With the addition of Anchorage’s New York arm, the New York financial regulator has approved 34 companies since the BitLicense scheme launched in 2015.
Crypto custody firm Anchorage Digital has added Connie Shoemaker, a former Goldman Sachs executive, to its board of directors.