Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group

May 11, 2026 - 18:15
Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group
Anchorage Digital, the first federally chartered crypto bank in the U.S., says it will take a back seat to the Global Dollar stablecoin (USDG) consortium, which includes Robinhood and Kraken. USDG, which has a circulating supply of around $3 billion, is issued by Paxos Digital Singapore and supervised by the Monetary Authority of Singapore. Other...

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