Anchorage Digital CEO Nathan McCauley announced that 20 major financial institutions and technology companies are currently waiting to issue new stablecoins through the federally chartered cryptocurrency custody firm.
Key Points
- Anchorage Digital has secured every major stablecoin issuance mandate since the passage of the Genius Act.
- The firm recently partnered with M0 to provide infrastructure for institutions to mint fully configurable stablecoins.
- Anchorage launched an AI-based "Agentic Banking" service this week in collaboration with Google Cloud.
- The company holds the distinction of being the first federally chartered cryptocurrency bank in the United States.
- Current stablecoin market leaders, including Tether and USDC, have reached a total valuation of approximately $310 billion.