Anchorage Digital Bank, the only federally chartered crypto bank in the United States, has expanded its services to include global USD wire transfers, becoming the first crypto-native institution to offer both cash and digital asset banking under a single federally regulated platform.
The new feature enables institutional clients to hold, send, and receive both U.S. dollars and cryptocurrencies directly through Anchorage Digital Bank.
“We’re eliminating the operational complexity of managing both cash and crypto,” said Nathan McCauley, co-founder and CEO of Anchorage Digital. “Our clients can now consolidate assets with a single, federally regulated banking partner and move funds efficiently across both. We believe the future of finance will be built on crypto rails.”
The integration bridges a long-standing gap for investors and institutions that manage both traditional and digital assets.
Clients can now view their entire portfolio across USD and crypto, convert between the two through Anchorage’s trading desk, and earn rewards on eligible stablecoin balances.
This move provides crypto startups and global institutions with a reliable USD banking infrastructure, a service that has often been unstable in the digital asset industry.
In parallel, Anchorage Digital announced it has officially onshored USDtb, a stablecoin originally developed by Ethena Labs, marking the first time a U.S.-federally regulated bank has become the direct issuer of a major stablecoin.
The transition brings USDtb, nearly $2 billion in market capitalization, fully under the supervision of the Office of the Comptroller of the Currency (OCC).
“Today we are breaking new ground by launching America’s first federally regulated stablecoin issued from Anchorage Digital Bank,” McCauley said. “This marks a defining moment in onshoring stablecoin innovation and advancing U.S. leadership in the digital age.”
Anchorage Digital built the foundation for the initiative through its acquisition of Mountain Protocol and integration of BlackRock’s tokenized U.S. Treasury fund, BUIDL, as the core reserve asset for USDtb. The launch positions Anchorage as a key bridge between the traditional financial system and the regulated digital asset economy.