Digital bank Anchorage Digital has announced the launch of a new service called Stablecoin Solutions for Banks, a federally regulated platform designed to allow licensed international banks to access dollar issuance, custody, and settlement through stablecoin rails. The service operates under the supervision of the U.S. Office of the Comptroller of the Currency (OCC).
The platform integrates minting, redemption, custody, fiat treasury management, and settlement into a single ecosystem. It supports top USD stablecoins across major blockchain networks like Ethereum. Institutions can natively mint and redeem stablecoins issued by Anchorage Digital Bank, including Tether’s USA₮, Ethena Labs’ USDtb, OSL’s USDGO, and upcoming issuances such as Western Union’s USDPT. The platform is also agnostic, allowing custody or transfer of other supported stablecoins.
A key innovation is the replacement of the traditional correspondent banking model, which relies on nostro and vostro accounts that immobilize capital and extend settlement timelines to days. Stablecoin Solutions replaces this with active programmable balances, compressing settlement times from days to minutes. This aims to improve capital efficiency and reduce counterparty risk in cross-border operations.
Nathan McCauley, co-founder and CEO of Anchorage Digital, stated that "stablecoins are becoming core financial infrastructure" and that the solution will allow banks to move dollars globally through blockchain rails without sacrificing secure custody, compliance, or operational control. The platform is positioned to leverage the forthcoming GENIUS Act, a specific regulatory framework for stablecoins advancing in Congress, offering clients early access to issuances under this new regime.
As a federally chartered trust bank, Anchorage Digital operates under a single national regulatory framework, eliminating the need for state-by-state licenses. Client assets are held in segregated accounts protected from the custodian’s insolvency.
