Anchorage Digital partnered with Ethena Labs to bring USDtb into the United States

According to Foresight News, Anchorage Digital, a crypto bank licensed by the United States, announced a strategic partnership with Ethena Labs to introduce USDtb into the United States as a stablecoin with clear pathways to comply with the recently enacted GENIUS Act. The issuance will leverage Anchorage Digital’s stablecoin issuance platform for the first time – a turnkey solution for institutions to issue and issue fully regulated digital dollars. Anchorage Digital decided to work with Ethena, which focuses on developing safety, compliance-driven tracks and products that provide institutional investors with a way to acquire the unique advantages of digital assets.

According to the collaboration, the USDtb stablecoin currently issued overseas will be issued in the United States by Anchorage Digital, which will make Anchorage Digital Bank the leading stablecoin issuing agency in the United States, serving institutions seeking compliant, programmable digital dollars that meet the highest regulatory standards of the GENIUS Act.

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