Overview
- Anchorage unveiled Stablecoin Solutions, a service that unifies minting and redemption, custody, fiat treasury management, and settlement for dollar-pegged tokens.
- The platform targets international banks seeking cross-border U.S. dollar movement on blockchain infrastructure under federal oversight.
- Supported stablecoins include Tether’s USA₮, Ethena Labs’ USDtb, and OSL’s USDGO, with Western Union’s USDPT cited as an upcoming issuance.
- Anchorage says programmable stablecoin settlement can compress transfer windows from days to minutes while reducing pre-funded balances tied to correspondent banking.
- The bank plans to offer primary mint and redeem access once agencies finalize GENIUS Act rules, which are still pending.