CoinVoice has recently learned that, according to Bloomberg, the licensed crypto bank Anchorage Digital plans to double the size of its stablecoin team within the next year. Anchorage CEO Nathan McCauley stated that the bank's stablecoin team currently consists of about 20 people. The federal license held by Anchorage allows it to issue large amounts of stablecoins in the United States under the Genius Act.



Earlier this month, Anchorage and Tether planned to cooperate to launch a compliant new type of digital dollar USAT, with Anchorage serving as the legal issuer and Cantor Fitzgerald LP responsible for the reserve asset supervision.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)