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Anchorage CEO: About 20 banks and tech giants are lining up to issue stablecoins through the company
May 8 News, Anchorage Digital CEO Nathan McCauley stated at the Consensus conference that since the passage of the GENIUS Act, about 20 financial institutions and large tech companies are in line to issue their own stablecoins through Anchorage.
He said Anchorage has secured all major stablecoin issuance licenses in the market, with clients including banks aiming to achieve specific goals and stablecoin issuers with distribution channels. McCauley believes that agency commerce is reshaping the industry landscape, and stablecoins and digital assets are reconstructing the very nature of currency, a trend that is still severely underestimated by the market.