The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital
Key takeaways
- “Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape,” McCauley said.
- “The kind of inbounds we see are banks that want to achieve a very specific objective, stablecoin issuers who are saying, ‘Hey, I've got a distribution channel where I can put my stablecoin to good use,’” he added.
- Anchorage was the U.S' first federally chartered crypto bank, so it’s not surprising the firm is now reaping the benefits of an incipient regulatory framework in the States.
The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape, according to the firm’s CEO Nathan Mc Cauley. By Ian Allison|Edited by Jamie Crawley May 7, 2026, 4:36 p.m. 2 min read Make preferred on Anchorage Digital CEO Nathan Mc Cauley What to know: Anchorage was the U.S' first federally chartered crypto bank.Partnerships like the recent one with stablecoin issuance protocol M0 is helping Anchorage meet demand.The firm also launched AI-based “Agentic Bank” this week.As many as 20 financial institutions and large tech companies are in a queue to issue their own stablecoins with Anchorage Digital, the U.S.-regulated cryptocurrency custody firm’s CEO Nathan McCauley said at Consensus Miami 2026 on Thursday.
“Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape,” McCauley said. “We have really a dozen to maybe even as many as 20 institutional issuers or large tech company issuers who are going to come in and issue their stablecoin with us."
“The kind of inbounds we see are banks that want to achieve a very specific objective, stablecoin issuers who are saying, ‘Hey, I've got a distribution channel where I can put my stablecoin to good use,’” he added.