Anchorage Digital Teams Up with Ethena Labs to Launch First GENIUS Act-Compliant and Federally Regulated Stablecoin

By: theblockbeats.news|2025/07/24 21:52:17
0
Share
copy

BlockBeats News, July 24th, Anchorage Digital, a federally chartered crypto bank in the United States, announced a strategic partnership with Ethena Labs to bring USDtb to the United States, becoming a stablecoin with a clear path to compliance with the recently enacted “GENIUS Act.” This issuance will be the first to leverage Anchorage Digital’s stablecoin issuance platform—a turnkey solution for institutionally issuing and managing fully regulated digital dollars. Anchorage Digital chose to partner with Ethena, which focuses on developing secure, compliance-driven rails and products that offer institutional investors a way to access the unique advantages of digital assets.

Through this partnership, the USDtb stablecoin currently issued overseas will be issued in the United States by Anchorage Digital, making Anchorage Digital Bank the leading stablecoin issuance institution in the United States, serving institutions seeking compliance with the highest regulatory standards of the “GENIUS Act” through a compliant, programmable digital dollar.

-- Price

--

You may also like

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

This set of "beautiful rhetoric and value return to one's own people" has not stopped at charitable foundations; it has now almost been transferred intact to American Bitcoin.

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

The Federal Reserve announces its June rate decision tonight. Could gold break $4,500 next? Explore the latest gold price prediction, key Fed scenarios, and what they mean for XAUT and PAXG traders.

Cursor, why did you get on Musk's spaceship?

SpaceX set a record with its IPO, spending a staggering $60 billion to acquire the popular AI programming unicorn Cursor just four days later. Musk is using the ultimate puzzle of "super computing power + top coding engine" to propel the market value skyrocketing, surpassing Amazon in one fell swoop...

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Overview of Important Market Events on June 16

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

Overview of Important Market Events on June 15

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com