Anchorage Digital Enables Global Banks with Stablecoin Solutions for Cross-Border Payments

Anchorage Digital, a leading crypto-native bank, is introducing a new service for financial institutions outside the United States. The offering provides a stablecoin-based alternative to traditional correspondent banking networks. This solution aims to streamline international transactions by leveraging blockchain technology for faster settlement times and reduced costs. The move targets banks seeking efficient and compliant digital asset infrastructure for cross-border payments, potentially increasing stablecoin utility in institutional finance. Anchorage emphasizes its regulated status and secure custody as key advantages for partner banks adopting this model.