Anchorage Digital, the first federally chartered crypto bank in the digital asset sector, is scaling back its front-line role in the USDG stablecoin consortium that includes Robinhood and Kraken, while maintaining membership. Co-founder and CEO Nathan McCauley (네이선 맥컬리) said the company will continue to support USDG but take a more neutral stance rather than promote a single stablecoin. The shift follows changes in its business structure, including discussions with banks and tech firms on stablecoin issuance and a partnership with M0.

U.S. federally chartered crypto bank Anchorage Digital has selected M0 as a key technology provider to expand its stablecoin issuance platform. Coindesk reported that Anchorage plans to open the platform via M0 to companies seeking to issue stablecoins that comply with U.S. regulations. M0 links with Stripe, MoonPay and MetaMask and is a protocol for designing and issuing stablecoins.