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Anchorage Digital announces stablecoin issuance platform on GENIUS’ heels

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 25 Views

The digital asset service company joins a growing list of firms making stablecoin moves following the GENIUS bill's passage into law.

Anchorage Digital, a digital asset platform serving institutional clients, announced on Thursday the launch of its new stablecoin issuance platform, with synthetic dollar issuer Ethena onboarded as its first partner.

The company will launch Ethena’s USDtb stablecoin in the United States, according to an announcement made on Thursday. Currently, USDtb is issued offshore. 

Issuing USDtb in the US will make the stablecoin fully compliant under the GENIUS stablecoin regulation, signed into law by US President Donald Trump in July. 

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