Anchorage Digital Bank and Tether’s U.S.-focused stablecoin venture released their first reserve report this week, showing the stablecoin token USAT fully backed by dollar-denominated assets with a modest surplus cushion as of Jan. 31. Tether’s U.S. Stablecoin USAT Posts Overcollateralized Reserves in First Report Anchorage Digital Bank, a federally chartered national trust bank regulated by […]
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Kraken Just Plugged Into the Fed’s Payment System. Here’s Why It Matters
Crypto firms have spent years trying to gain direct access to the plumbing of the U.S. financial system. Kraken has...
