Anchorage Digital, the only federally chartered cryptocurrency bank in the United States, has introduced global US Dollar wire transfers for institutional clients, enabling seamless movement between traditional cash and digital assets on a single, regulated platform. This service supports real-time USD settlements and streamlines asset management, allowing clients to easily transfer funds across fiat and cryptocurrency channels.
Co-founder and CEO Nathan McCauley emphasized the long-term goal of simplifying digital asset finance, stating, "Anchorage Digital makes it easier for clients to manage both sides of their balance sheet," and highlighted the provision of trusted cash services within a crypto-native banking environment. The bank plans to roll out interest-bearing USD accounts in the coming months, which will support stablecoin creation and enable users to earn yields on tokens such as USDG and PYUSD.
Anchorage Digital recently cleared regulatory hurdles, with the Office of the Comptroller of the Currency (OCC) lifting a consent order in August 2025 related to anti-money laundering controls and customer verification processes. The bank was investigated by the El Dorado Task Force under the Department of Homeland Security, which interviewed former employees and requested records, but no specific findings were disclosed. Despite this, Anchorage maintained its regulatory standing, having received its federal bank charter from the OCC in 2021.
In a broader institutional move, Anchorage Digital partnered with US Bank to support reserves for its stablecoin services, with US Bank resuming its Bitcoin custody offerings and managing approximately $11.7 trillion in assets under custody. US Bank Vice Chair Stephen Philipson confirmed their role, saying, "We ensure secure and accurate administration of all client assets," underscoring the collaboration's aim to enhance credibility in the regulated crypto space. Additionally, Anchorage Digital offers white-label stablecoin services, allowing banks and firms to issue their own branded stablecoins under federal oversight.