Anchorage Digital Bank is expanding access to USDtb, America’s first federally regulated stablecoin. Following a partnership with Ethena Labs, Anchorage Digital is now the sole issuer of USDtb.
Clients can now mint, redeem, and collect rewards for holding USDtb on Anchorage Digital’s platform. Clients can also collect rewards for holding USDe, the synthetic dollar created by Ethena Labs. Rewards are offered by Anchorage Digital Neo, Ltd.*
“We’re setting the standard for how digital dollars can operate in a transparent and compliant way within the U.S. financial system. The launch of America’s first federally regulated stablecoin was a major milestone in building a trusted foundation. Now, with USDtb minting, redemptions, and stablecoin rewards available through Anchorage Digital, we’re accelerating the adoption of safe and trusted stablecoins at global scale.”
- Nathan McCauley, CEO and Co-Founder, Anchorage Digital
About USDtb and USDe
• USDtb: America’s first federally regulated stablecoin, issued by Anchorage Digital Bank. USDtb is a stablecoin backed by high quality short duration treasury assets including BlackRock's BUIDL fund. Created with institutional adoption in mind, USDtb is designed to meet the highest standards for security and regulatory compliance.
• USDe: USDe is a synthetic dollar created by Ethena Labs. Unlike assets backed by fiat currency, USDe maintains its dollar peg using a "delta-neutral" strategy. This involves holding an asset (like Ether or Bitcoin) and taking a short position in a perpetual futures contract for the same asset.
Rewarding Participation
Clients can now collect rewards for holding USDtb and USDe with Anchorage Digital. With this addition, institutions gain more flexibility and confidence in their treasury management, particularly with USDtb.
“Anchorage Digital’s integration of minting, redemption, and rewards marks a major milestone for USDtb adoption. Together, we’re proving that stablecoins can deliver both rewards and regulatory integrity, a powerful combination that will define the next era of participation in digital assets.”
- Guy Young, Founder, Ethena Labs
Benefits for Anchorage Digital Clients
• Streamlined access to USDtb: Access the first federally regulated stablecoin, which has set the standard for institutional-grade stablecoins.
• Rewards on idle holdings*: Collect rewards for holding USDtb and USDe. No staking or lockups are required, so you can access your funds when you need them. Benefit from upside without compromising liquidity.
• Enhanced capital efficiency: Unlock new strategies by using your USDtb and USDe as collateral on the Anchorage Digital platform.
How to Get Started
Clients can mint, redeem, and trade USDtb (for other digital assets or USD) directly on the Anchorage Digital platform or via our trading desk. Clients can also access USDe through our trading desk by converting USD, stablecoins, and other digital assets into USDe.