According to Cointelegraph, Anchorage Digital announced plans to phase out support for USDC, Agora USD (AUSD) and Usual USD (USD0), citing "regulatory expectations" and internal risk assessments. Nick van Eck, co-founder and CEO of Agora, criticized the move as being based on "easily verifiable and known factual errors." He pointed out that Anchorage did not disclose its relationship with stablecoin issuer Paxos and may benefit from tokens issued by other platforms. Anchorage launched a stablecoin "safety matrix" to assess whether the token complies with the issuer's regulatory guidelines. The company plans to phase out USDC, AUSD and USD0. Rachel Anderika, head of global operations at Anchorage, said the tokens no longer meet the company's internal long-term resilience standards, especially the issuance structure has concentration risks. Anchorage's "safety matrix" includes an assessment of the liquidity, decoupling history and concentration risks of stablecoins. AUSD and USD0 account for a small proportion of the stablecoin market, worth about $700 million, while USDC is $61 billion. Circle and Agora are headquartered in the United States, while Usual is based in Paris. Circle did not respond to Cointelegraph's inquiries. van Eck said that if Anchorage only delisted USDC and AUSD to prioritize stablecoins for its economic interests, he could understand it as a business decision, but trying to delegitimize AUSD and USDC with "security issues" while publishing false information is not serious and strange. The GENIUS Act is under consideration in the U.S. Congress and passed the Senate on June 17. U.S. President Donald Trump said he would sign the bill as soon as possible. Many non-U.S. stablecoin issuers are also working to meet updated regulatory guidelines in different jurisdictions, but some deliberately skip compliance. Tether CEO Paolo Ardoino said there are no plans to register under the EU's MiCA framework, believing that the risk to stablecoins is greater. Some exchanges have delisted USDt and other stablecoins to comply with MiCA.

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