Anchorage Digital's partnership with Ethena aims to launch the USDtb stablecoin in the U.S., complying with the GENIUS Act and enhancing institutional access to regulated digital dollars.
Anchorage Digital has launched a stablecoin issuance platform in partnership with Ethena Labs to introduce USDtb, the first stablecoin compliant with the GENIUS Act. This initiative enables institutional clients to securely access digital dollars, reinforcing Anchorage's leadership in compliant digital asset solutions. The GENIUS Act's passage has spurred interest from traditional financial institutions, including PNC Bank and Western Union, in stablecoin services.