CoinWorld News reports that Wu has learned that Anchorage Digital announced that it is exploring a “cashless” stablecoin reserve model on Solana, to replace traditional static cash reserves with tokenized low-risk, income-generating assets, and to support stablecoin redemptions through an instant liquidity mechanism, thereby improving reserve fund utilization efficiency and liquidity management capabilities. Under this model, Anchorage will issue and manage stablecoins on behalf of institutional clients, while a third party is responsible for the liquidity infrastructure, and it is also exploring tokenized financial instrument solutions with J.P. Morgan Asset Management that could be used to support the relevant liquidity framework.