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Anchorage Digital submits a comment letter on the GENIUS Act, proposing to issue a stablecoin UDSPT with Western Union.
Mars Finance News, Anchorage Digital Bank has submitted a comment letter to the U.S. Office of the Comptroller of the Currency regarding the proposed rules for the GENIUS Act. The company has currently issued three stablecoins for multiple partners, including USAT in collaboration with Tether, USDGO with OSL Group, and USDtb with Ethena. Anchorage Digital stated that it plans to jointly issue a fourth stablecoin, UDSPT, with Western Union in the near future, and expects to officially become an authorized issuer of payment stablecoins after the GENIUS Act takes effect.