Anchorage Digital Announces Stablecoin Issuance Platform

On July 25, Bloomberg reported that Anchorage Digital announced the launch of a stablecoin issuance platform designed to help clients capitalize on the expected surge in asset-backed tokens following the passage of key U.S. cryptocurrency legislation. As the parent company of Anchorage Digital Bank, the only operational cryptocurrency company holding a national trust license regulated by the U.S. Office of the Comptroller of the Currency (OCC), the company is positioning itself as a leading stablecoin issuer for institutions. [TechFlow]