Brief
Digital-asset custody and issuance provider whose bank subsidiary operates under an OCC national trust charter. Announced an April 30, 2026 partnership with M0: M0 supplies stablecoin design and interoperability, while Anchorage provides regulated issuance, custody and reserve-management infrastructure.
Primary sources
Checks cover the claims listed below. Other details may still need review.
- Anchorage and M0: stablecoin issuance partnership (opens in a new tab)
Checked
- April 30, 2026 announcement assigns design/interoperability to M0 and regulated issuance/custody/reserves to Anchorage.
- OCC: Anchorage bank conversion (opens in a new tab)
Checked
- OCC approved the national trust bank conversion in January 2021; no claim of current exclusive charter status.
- USDM1: Anchorage custody support (opens in a new tab)
Checked
- April 23, 2026 sovereign issuer announcement confirms Anchorage custody, settlement and collateral support for USDM1.
Recent activity
Latest moves on the changelog feed.
- Apr 30, 2026WIRED
Anchorage Digital → M0. Joint regulated stablecoin issuance stack. M0 brings modular design and interoperability, Anchorage brings the federally-chartered backend for issuance, custody, and reserves. One pre-integrated path for fintechs and payment platforms launching their own US-regulated dollar.
- Apr 29, 2026WIRED
Anchorage Digital now custodying USDM1, the Marshall Islands sovereign tokenized treasury. $4.2B valuation post Tether's $100M check Feb 2026.
Snapshot
Key terms and identifiers.
- Asset value
- ~$50B
- Spec type
- custodian
- Charter
- OCC national trust bank
- Specialty
- Digital-asset native
- Notable clients
- USDPT issuance (Western Union), BlackRock + Apollo custody
- Founded
- 2017
- Asset classes
- Treasuries, Private credit, Equities, Commodities
- Regulatory
- sec-reg-d, sab-121
Milestones
How this player got here.
- May 2026Issued Western Union's USDPT stablecoin on Solana
- Apr 2026M0 partnership: unified regulated stablecoin issuance stack for fintechs and payment platforms
- Feb 2026Tether $100M strategic investment, $4.2B valuation, first employee tender offer
- Sep 2025Selected by Tether as USAT stablecoin issuer
- Aug 2025Cleared 2022 OCC consent order on BSA/AML
- Jan 2021First crypto firm to receive OCC national trust bank charter
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
- EthereumBuilds onPrimary chain
- SolanaBuilds on
- BlackRockIntegratesDigital asset service provider
- SecuritizeIntegratesAcquired SFA advisory unit
- Ondo FinanceIntegratesCustodies USDY on Aptos
- EthenaIntegratesSole U.S. issuer of USDtb
- TetherIntegratesUSAT stablecoin partnership
- Western UnionIntegratesUSDPT issuer for Western Union
- KaminoIntegratesInstitutional collateral management on Solana
- M0IntegratesJoint regulated stablecoin issuance stack
Tension
Direct competition or overlapping market position.
