Anchorage Digital, M0 Partner to Issue Stablecoins

Crypto bank Anchorage Digital has announced a partnership with stablecoin minting protocol M0 in order to expand its stablecoin issuance offerings. The first federally chartered crypto bank, Anchorage Digital, is seeking to become the primary source serving what it calls the “growing universe of stablecoin builders” as they look to mint and manage regulated stablecoins. The offering comes at a time when more and more fintechs, financial institutions, and payment providers are using digital dollars in their core products. Western Union, for example, recently launched its own stablecoin, USDPT. With stablecoins now regulated in the U.S. under the GENIUS Act, companies interested in issuing stablecoins face stringent compliance requirements. A…