The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital
Anchorage Digital, the U.S.' first federally chartered crypto bank, has lined up 20 financial institutions and tech companies to issue stablecoins following the Genius Act's passage. CEO Nathan McCauley stated Anchorage has secured every major stablecoin issuance mandate. The firm partnered with M0 for configurable stablecoin minting and launched AI-based "Agentic Banking" with Google Cloud, positioning itself as crypto regulation stabilizes.
Key takeaways
- 1Anchorage Digital secured all major stablecoin issuance mandates post-Genius Act, with 20 banks and tech firms queued to issue tokens.
- 2Anchorage partnered with M0 for configurable stablecoin minting and launched AI-based 'Agentic Banking' with Google Cloud this week.
- 3As U.S.' first federally chartered crypto bank, Anchorage is capitalizing on emerging regulatory framework for stablecoin infrastructure.
Coins in this story
Why it matters
India's crypto investors should note that U.S. stablecoin infrastructure maturation signals growing institutional adoption and regulatory clarity globally. This consolidation around licensed custodians like Anchorage could influence India's regulatory approach and impact which stablecoins gain mainstream acceptance in the Indian market.
Explore how AI Agents is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Amazon’s new AI wallet: AWS, Coinbase, and Stripe build payment rails for bots
AWS launched Amazon Bedrock AgentCore Payments with Coinbase and Stripe, enabling AI agents to transact independently using stablecoins. The system initially supports micropayments for APIs and digital content via Coinbase's x402 protocol, with plans for larger transactions like hotel bookings. This infrastructure powers the emerging "agentic economy" where autonomous agents act as economic actors, reshaping digital commerce fundamentally.
Ripple-linked XRP slips 25% below $1.42 as traders watch breakout
XRP pulled back even as Ripple and JPMorgan completed a cross-border tokenized Treasury settlement on XRPL, with price now testing whether the recent breakout structure can hold....