Anchorage Digital offers non-U.S. banks a stablecoin stand-in for correspondent banking

CoinDesk

by Jesse Hamilton

February 19, 2026

AI-Generated Deep Dive Summary

Anchorage Digital, the first U.S.-regulated cryptocurrency bank, has launched a new service called "Stablecoin Solutions" aimed at international banks seeking a faster and more efficient alternative to traditional correspondent banking. This innovative offering leverages blockchain technology to provide a compliance-friendly way for institutions to move dollars globally using stablecoins. By integrating features like minting, redemption, custody, and settlement into one streamlined platform, Anchorage Digital is addressing the inefficiencies of cross-border transactions, which are often slow, costly, and complex. The service aligns with the recent regulatory framework established by the GENIUS Act, which governs stablecoin issuers in the U.S. As a federally chartered institution, Anchorage Digital is well-positioned to offer this solution while ensuring compliance and operational control for its clients. The platform supports multiple stablecoins, including Tether’s $USDT, Circle’s $USDC, and others, allowing banks to operate seamlessly within the growing stablecoin ecosystem. Traditional correspondent banking relationships can be both time-consuming and expensive for international institutions. By utilizing blockchain rails, Anchorage Digital aims to reduce settlement delays and simplify cross-border transactions. This shift could significantly disrupt the global financial system by making it easier and more efficient for banks to conduct international business. The launch of Stablecoin Solutions comes at a critical juncture as regulators continue to refine policies surrounding digital assets. While the GENIUS Act has set a framework, ongoing negotiations over additional regulations, particularly regarding stablecoin yields, remain unresolved. For now, Anchorage Digital is poised to provide a compliant and innovative alternative for banks looking to modernize their cross-border operations. This development matters because it highlights the growing role of stablecoins in global finance. By offering a regulated, blockchain-based solution, Anchorage Digital is not only addressing a long-standing pain point for international banks but also reinforcing the potential of digital assets as core financial infrastructure. As more institutions adopt these services, the broader adoption of stablecoins could accelerate, reshaping how cross-border transactions are conducted in the future.

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Originally published on CoinDesk on 2/19/2026