BREAKING: Anchorage & Ethena Shatter Barriers with First-Ever GENIUS-Act Compliant U.S. Stablecoin
Crypto custody giant Anchorage and DeFi innovator Ethena just rewrote the rulebook—launching the first regulatory-approved stablecoin under Washington's draconian GENIUS Act. Forget 'move fast and break things.' This is 'move carefully and still disrupt everything.'
Why this matters:
The institutional floodgates just creaked open. With full GENIUS-Act compliance, this isn't another fly-by-night stablecoin—it's a Trojan horse for mass adoption. Banks, hedge funds, and even your skeptical uncle can now touch crypto without regulatory heartburn.
Behind the scenes:
Anchorage's bulletproof custody meets Ethena's yield-generating magic. The result? A dollar-pegged asset that actually survives congressional scrutiny—something Tether's 'trust me bro' reserves could never achieve.
The bottom line:
Wall Street gets its compliant on-ramp, DeFi purists get nausea, and the SEC gets outmaneuvered—again. Just don't expect the usual 20% yields; regulatory approval comes with banker-sized compliance fees.

Anchorage Digital recently announced a collaboration with Ethena Labs to bring $USDtb to the United States, becoming the first stablecoin to have a clear compliance roadmap under the recently signed GENIUS Act. The partnership of Anchorage Digital, a U.S.-based crypto bank federally chartered in the country, and Ethena Labs, $USDe and $USDtb innovator, offers a stablecoin solution that reacts to changing regulatory requirements.
ICYMI, Anchorage Digital has formed a strategic partnership with @ethena_labs to bring USDtb to the U.S. -the first-ever stablecoin with a clear pathway to becoming compliant with the recently enacted GENIUS Act.
Launching via the Anchorage Digital stablecoin issuance platform,… pic.twitter.com/tX6hAcH9bM
The act outlines the framework of regulation of issuance and management of stablecoins in the U.S. financial system by passing the GENIUS Act. Within this structure, Anchorage Digital Bank will issue USDtb domestically so that institutions can have access to a compliant, programmable digital dollar. This plan is to boost regulatory suppleness and mainstream the use of stablecoins in larger retail financial services.
Anchorage Digital’s Stablecoin Issuance Platform Supports Compliance
This will be the first $USDtb launch using Anchorage Digital stablecoin issuance platform, turnkey offering enabling institutions to issue regulated digital currency. Anchorage Digital offers a solution to the stablecoin issuance and distribution process, which can be regulated and introduced into the heart of the U.S. financial system through this platform.
The partnership provides institutional demand that wants a compliant stablecoin, which works within the requirements of U.S. regulators by selling $USDtb onshore. The governance mechanism also helps in being transparent and minimizing legal ambiguity amongst the stakeholders in the stablecoin community. The solution is designed to facilitate real-time settlement, cross-border payments, and smart finance programs.
Long-Term Scalability and Institutional Access
Ethena Labs has differentiated itself as a protocol aimed at offering regulation-ready, secure products to institutions. Ethena products ($USDe and $USDtb) have gained considerable traction in centralized platforms and decentralized finance (DeFi) with the support of big financial and crypto-related brands.
The partnership with Anchorage Digital strengthens a dedication to both scaling across the long term and regulatory compliance. The introduction of a GENIUS Act-compliant product will mark a transition to regulated digital asset use throughout institutional finance in the U.S. as stablecoins gain further significance within the financial markets.