Anchorage Digital Partners with Ethena Labs to Bring USDtb to the US

Federally chartered crypto bank Anchorage Digital has announced a strategic partnership with Ethena Labs to bring $USDtb to the U.S., becoming a stablecoin with a clear path to comply with the recently enacted GENIUS Act. This issuance will be the first to leverage Anchorage Digital's stablecoin issuance platform – a turnkey solution for institutions to issue and distribute fully regulated digital dollars. Anchorage Digital decided to partner with Ethena, which focuses on developing secure, compliance-driven rails and products that provide institutional investors with access to the unique benefits of digital assets. [Foresight News]