• Anchorage Digital now issues USDtb in the US offering a compliant stablecoin under the GENIUS Act rules.
  • USDtb shifts from offshore to US oversight enabling institutions to use regulated digital dollars with confidence.
  • Anchorage and Ethena team up to meet the rising demand for legal stablecoins in fintech and financial platforms.

Anchorage Digital has partnered with Ethena Labs to launch the stablecoin USDtb within the U.S. jurisdiction. This move shifts the previously offshore-issued token into the domestic regulatory framework. USDtb now operates under the GENIUS Act, a law that provides federal guidelines for digital asset issuance.

Anchorage, a federally regulated crypto bank, will serve as the official issuer of USDtb in the U.S. The partnership ensures that the stablecoin meets all legal and financial requirements. This structure offers institutions a reliable option to access programmable digital dollars.

Regulated Pathway Spurs Institutional Demand

Institutional interest in stablecoins has grown rapidly, especially for tokens that follow U.S. regulatory standards. The GENIUS Act has created a clear legal path that many institutions are eager to follow. Anchorage’s role as a chartered bank enables it to issue compliant digital assets directly.

USDtb enters the U.S. market with a strong foundation. Its offshore version had already gained traction globally. The integration of GENIUS Act standards aims to boost trust among U.S. financial institutions.

Anchorage’s Platform Enhances Distribution

Anchorage has developed a turnkey issuance system that supports rapid distribution of digital dollars. The system is built to scale and aligns with regulatory demands. This platform offers institutions an easier way to incorporate stablecoins into existing financial products.

The stablecoin will likely see broad use across fintech platforms and institutional investment services. Anchorage’s secure infrastructure ensures that compliance does not slow down innovation or adoption.

Ethena Leverages U.S. Framework for Growth

Ethena Labs, creator of USDe, is expanding its footprint by shifting USDtb under U.S. oversight. With more than $6 billion locked in USDe globally, Ethena now looks to replicate this momentum domestically. The GENIUS-compliant version of USDtb is expected to attract increased usage across platforms.

The move also helps Ethena meet institutional standards without compromising on speed or performance. By working with Anchorage, Ethena benefits from federal backing and a solid regulatory foundation.

Strong Backing and Future Outlook

Anchorage is valued at over $3 billion and backed by major names like Visa, KKR, GIC, and Goldman Sachs. Ethena’s investors include Binance Labs, Dragonfly, Franklin Templeton, and Fidelity. This strong support adds weight to the partnership and boosts confidence in the stablecoin’s future.

Ethena had earlier partnered with the TON Foundation to bring synthetic stablecoins into Telegram. That deal extended the reach of its ecosystem and laid the groundwork for broader adoption. USDtb now stands positioned to meet growing institutional demand while staying within federal guardrails.

Profile picture of Austin Mwendia

Austin Mwendia is a seasoned crypto writer with expertise in blockchain technology and finance. With years of experience, he offers insightful analysis, news coverage, and educational content to a diverse audience. Austin's work simplifies complex crypto concepts, making them accessible and engaging.