Anchorage Digital launches Western Union stablecoin USDPT
The Solana-based asset enables near-instant, low-cost transfers across more than 150 countries. View the case study for details.
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Regulated digital asset banking and financial infrastructure platform
anchorage.comLast updated
In short: Anchorage Digital cut 17% of staff, bought Routable, and grew its USAT stablecoin beyond $175M.
The Solana-based asset enables near-instant, low-cost transfers across more than 150 countries. View the case study for details.
It launched Agentic Banking for AI agents, cashless stablecoin reserves on Solana, and stablecoin USDPT with Western Union.
USDPT, a federally regulated digital dollar on Solana, enables instant global payments, treasury settlement, and consumer spending. It reduces pre-funding needs and enhances efficiency.
The deal values the company at $4.2B. It includes the first employee tender offer for liquidity at the same valuation.
Anchorage Digital has acquired payments company Routable in a bid to extend its rails to the world's biggest companies. Founded in 2017, Routable helps...
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Tether Holdings SA invested $100 million in Anchorage Digital Bank NA, boosting the federally charte...
When it comes to the future of digital dollars, the United States made a clear choice: build them at home, under American standards, and within...
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