Anchorage Digital has introduced Stablecoin Solutions for Banks, a cross-border USD settlement platform aimed at licensed international banks.

This new initiative provides licensed global financial institutions with access to stablecoin-based USD cross-border settlements under federal regulatory oversight through Anchorage Digital Bank.

The platform integrates stablecoin minting and redemption, custody services, fiat treasury management, and settlement functionalities into one comprehensive solution. Banks can leverage this service via Anchorage Digital Bank to utilize both stablecoin and fiat wallets for outbound and inbound USD transfers over blockchain networks.

Displacing traditional correspondent banking systems

The platform is designed as an alternative to conventional correspondent banking models that rely on pre-funded nostro and vostro accounts. By adopting programmable stablecoin balances, institutions can significantly shorten settlement times from days to minutes, thereby reducing liquidity constraints and minimizing counterparty and settlement risks.

In addition, banks will be able to execute near-instant USD stablecoin transfers across various supported blockchain networks, facilitate third-party wire transfers to US and international destinations, and benefit from network fee protection options to safeguard their principal value.

This solution supports multiple USD stablecoins on major chains and offers primary minting and redemption access for federally issued stablecoins such as Tether’s USA₮, Ethena Labs’ USDtb, OSL’s USDGO, with Western Union’s USDPT slated for future issuance.

Federal regulatory framework and custody arrangements

Anchorage Digital Bank operates under a federal charter from the Office of the Comptroller of Currency (OCC), streamlining the need for state-by-state licensing within the United States. Client assets are safeguarded in bankruptcy-remote, segregated accounts and stored securely using policy-based controls.

The launch coincides with ongoing development of US stablecoin legislation, positioning the platform to align with the finalization of the GENIUS Act, which aims to establish regulatory standards for stablecoin issuance at a federal level. As on-chain stablecoin settlement volumes continue to exceed trillions of USD, this underscores growing institutional demand for dollar infrastructure that is both programmable and regulated.

A company official stated that the platform offers banks a federally supervised method of transferring USD globally through blockchain networks while maintaining custody, compliance, and operational standards.

By bundling regulated issuance, qualified custody, and blockchain-native settlement into a single partnership arrangement, the platform caters to international banks seeking access to US federal-standardized dollar settlement infrastructure.