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U.S. Bank announced today that it has been selected to serve as the custodian for reserves backing Anchorage Digital Bank's payment stablecoins. Anchorage Digital Bank is the only crypto-native bank in the U.S. to hold a federal charter, operating under the direct oversight of the Office of the Comptroller of the Currency (OCC).
U.S. Bank is one of the nation's largest global custodians – with capabilities that extend into nearly 100 financial markets around the world. Clients include institutional asset owners ranging from financial institutions, corporations, insurance companies, government entities and foundations.
Posted In: USB
