Search results for M0
AI & Enterprise
Anchorage Digital scales back front-line role in USDG consortium to strengthen stablecoin neutrality
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.
Crypto
Anchorage Digital taps M0 to expand institutional stablecoin issuance platform
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.
AI & Enterprise
The Better Money Company raises $10 million to build stablecoin clearinghouse
The Better Money Company has raised $10 million in funding led by a16z crypto, The Block reported on March 31. The company aims to build a clearinghouse to connect the stablecoin ecosystem. It compares today’s stablecoin market to the fragmented U.S. dollar system in the 19th century, arguing that a clearinghouse is needed to integrate many-to-many markets and enable scaling. It says current structures are costly and lack automation.
