U.S. Financial institution will function the custodian for the reserves backing the cost stablecoins issued by Anchorage Digital Financial institution. Anchorage Digital Financial institution is the one crypto-native financial institution in the US to carry a federal constitution from the Workplace of the Comptroller of the Foreign money (OCC).
The partnership brings collectively one of many nation’s largest international custodians with a federally chartered digital asset financial institution to supply a regulated and safe construction for stablecoin issuance.
Bridging conventional finance and digital belongings
In response to U.S. Financial institution, the collaboration is a response to rising curiosity from institutional shoppers in cost stablecoins, which supply the potential for decrease prices and sooner settlement instances, significantly for cross-border funds.
“Cost stablecoins are an vital space of exploration for institutional banking shoppers, given the benefits they will supply,” stated Stephen Philipson, vice chair of wealth, company, business and institutional banking at U.S. Financial institution. “Because the quickly rising digital asset phase and regulatory atmosphere proceed to evolve, the energy and stability of U.S. Financial institution, together with its custody options and experience, presents an additional layer of assurance that will assist speed up issuance of those merchandise.”
A regulated framework for stablecoin issuance
Anchorage Digital Financial institution launched its stablecoin issuance platform in July 2025, instantly following the passage of the GENIUS Act within the US. The corporate acknowledged its stablecoins are totally compliant with the act, which requires them to be backed one-to-one by high-quality liquid belongings and supported by strong Financial institution Secrecy Act (BSA) and anti-money laundering (AML) packages.
“The passage of the GENIUS Act created the situations for cost stablecoins to scale responsibly below U.S. oversight,” stated Nathan McCauley, chief govt officer and co-founder of Anchorage Digital. “At Anchorage Digital Financial institution, our objective is to difficulty cost stablecoins that meet the very best regulatory requirements and unlock actual utility for establishments. Partnering with U.S. Financial institution displays the rising alignment between digital finance and the normal monetary system – and it underscores the momentum behind bringing dollar-backed cost stablecoins into the mainstream.”
U.S. Financial institution’s Wealth, Company, Industrial and Institutional Banking division reported over $11.7trillion in belongings below custody and administration as of June 30, 2025.
