On July 24, Anchorage Digital, a federally chartered crypto bank, announced a strategic partnership with Ethena Labs to introduce USDtb to the United States, becoming a stablecoin with a clear path to compliance with the recently enacted GENIUS Act. This issuance will be the first to leverage Anchorage Digital's stablecoin issuance platform—a turnkey solution for institutions to issue and distribute fully regulated digital dollars. Anchorage Digital decided to partner with Ethena, which focuses on developing secure, compliance-driven rails and products, providing institutional investors with access to the unique benefits of digital assets.

Under this partnership, the USDtb stablecoin, currently issued overseas, will be issued in the United States by Anchorage Digital, which will make Anchorage Digital Bank the leading stablecoin issuer in the United States, serving institutions seeking compliant, programmable digital dollars that meet the highest regulatory standards of the GENIUS Act. [BlockBeats]