Search results for USDG
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
Who drives the stablecoin market: Issuance by Circle, distribution by Coinbase
Institutional finance payment infrastructure is shifting from correspondent banking-led structures to stablecoin networks, with key functions concentrated among a handful of firms. Stablecoin market capitalisation rose to $317.89 billion in April 2026 from about $125 billion in early 2024, while 2025 transfer volume reached $33 trillion. USDC led institutional payments. Issuance centres on Circle and Paxos, distribution on Coinbase and Wintermute, and custody on Fireblocks and exchange cold wallets.
Crypto
Yield-bearing stablecoins grow fast despite regulatory uncertainty
Yield-bearing stablecoins are growing 15 times faster than traditional stablecoins and are leading the market, Cointelegraph reported on March 13, citing crypto market analytics firm Messari. Messari said tokens including Circle’s USYC, Paxos’ USDG, Tron’s USDD and Ondo Finance’s USDY are surging. The U.S. Senate is divided over regulation, delaying a market structure bill vote until after April.
