Anchorage Digital Launches GENIUS Act-Compliant Stablecoin Platform with Ethena’s USDtb

Anchorage Digital, a federally chartered crypto bank, has unveiled a stablecoin issuance platform fully compliant with the U.S. GENIUS Act. The platform's inaugural partnership with Ethena Labs brings USDtb—previously only available offshore—under federal oversight, marking a watershed moment for institutional crypto adoption.

The onshore issuance of USDtb through Anchorage's banking infrastructure creates the first stablecoin explicitly designed to meet GENIUS Act requirements. This regulatory clarity removes longstanding barriers for U.S. financial institutions seeking exposure to digital dollars.

Anchorage's turnkey solution signals growing maturation of crypto infrastructure. By bridging decentralized finance with federal compliance, the platform could accelerate institutional participation in stablecoin markets previously dominated by offshore issuers.