Foresight News reports that the crypto bank Anchorage Digital has announced the launch of “Stablecoin Solutions” for international banks, providing a new service that allows licensed international banks to issue and custody federally regulated stablecoins and settle transactions in US dollars.
By partnering with Anchorage Digital Bank, participating institutions can access stablecoin and fiat currency wallets and accounts, facilitating outbound and inbound USD transfers. The bank-focused stablecoin solution is not limited to specific stablecoins and supports USD stablecoins on major mainstream blockchains, including Tether’s USAT, Ethena Labs’ USDtb, OSL’s USDGO, and upcoming stablecoins such as Western Union’s USDPT. The platform offers the initial minting and redemption services for stablecoins issued by the federal government to address the final enactment of the GENIUS Act and the evolution of US market structure legislation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether Treasury minted an additional 1 billion USDT on the Tron network early this morning
Gate News Report, March 12 — According to Whale Alert monitoring, at 04:24 AM Beijing time today, Tether Treasury minted an additional 1 billion USDT on the Tron network.
GateNews40m ago
Tether Burns $1B USDT on Tron Network After One Month
Gate News bot message, Tether has burned $1 billion USDT on the Tron network after a month. The large-scale token destruction operation was completed on the Tron blockchain.
GateNews52m ago
Tether's QVAC Workbench releases version 0.4.1, with multiple upgrades focused on AI localization
Tether CEO Paolo Ardoino announced on the X platform that the smart development platform QVAC Workbench 0.4.1 has been released. The new version enhances the serverless experience, optimizes delegated inference and RAG capabilities, supports more document formats, and has been optimized for mobile devices. It is currently in Alpha testing, with the full mode coming soon.
GateNews16h ago
Mega Financial Chairman: No one can profit from the three major pitfalls of stablecoins? Clearly states "Banks can't find advantages in issuing them"
Mega Financial Holding Chairman Dong Rui-bin pointed out that issuing stablecoins in Taiwan faces three major challenges: insufficient payment demand, limited influence of bank brands, and strict regulatory requirements. The model of banks issuing stablecoins is difficult to profit from, and future legislation will be led by financial institutions, but market demand remains uncertain.
動區BlockTempo18h ago
Circle Faces Upgraded Stablecoin Competition: Tether and Wall Street Enter the Market, Can USDC Continue to Lead?
As competition in the global stablecoin market intensifies, Circle faces challenges from Tether and traditional financial institutions, but its advantages in compliance, partnerships, and technology remain promising. Research predicts that Circle's stock price is expected to rise, while USDC's growth trend and revenue are expanding rapidly. Circle is also exploring the integration of AI and blockchain in payment scenarios, and future competitive dynamics will depend on compliance capabilities and the expansion of its payment network.
GateNews20h ago
