Anchorage Digital and Ethena Labs Launch First GENIUS Act-Compliant Stablecoin in the U.S.
Anchorage Digital Bank, the only federally chartered crypto bank in the U.S., has partnered with Ethena Labs to launch USDtb, the first stablecoin compliant with the newly passed GENIUS Act. This marks a pivotal moment for regulatory clarity in the digital asset space.
The GENIUS Act's stringent reserve and audit requirements have already catalyzed a $4 billion surge in the stablecoin market. Institutional interest is mounting, with traditional finance giants like JPMorgan and Bank of America exploring stablecoin issuance.
USDtb's launch represents a bridge between decentralized finance and traditional banking systems. The offshore-tested stablecoin now enters the U.S. market with a clear regulatory framework, potentially accelerating mainstream adoption of digital dollars.