SAN FRANCISCO--(BUSINESS WIRE)--Anchorage Digital, home of the first and only federally authorized cryptocurrency bank, announced today a strategic alliance with Ethena Labs, creator of USDe and USDtb, to introduce USDtb in the U.S. as the first stablecoin with a clear path to compliance with the recently enacted GENIUS Act, the new U.S. law regulating the issuance of stablecoins.

This launch will be the first to leverage Anchorage Digital's stablecoin issuance platform, a comprehensive solution for institutions to launch and distribute fully regulated digital dollars. Anchorage Digital's decision to partner with Ethena, a project focused on developing compliant and secure platforms and products that provide institutional investors access to the unique advantages of digital assets, marks a significant advancement in aligning innovation with regulation in the U.S. financial system.$ENA