According to Anchorage Digital, the new stablecoin platform enables licensed banks outside the U.S. to issue, custody, and settle USD stablecoins under full federal regulatory oversight.
Anchorage Digital, a federally chartered cryptocurrency bank regulated by the U.S. Office of the Comptroller of the Currency, announced on Feb. 20 a stablecoin solution for licensed international banks. The service, offered under its federal banking framework, allows issuance, custody, and U.S. dollar settlement of major USD-pegged stablecoins across multiple blockchains. It includes minting and redemption services, aiming to facilitate secure, compliant cross-border dollar transfers while reducing reliance on traditional correspondent banking systems.