Anchorage Digital adds institutional access to Frgmnt’s fUSD stablecoin
60-second summary
Anchorage Digital launches institutional access to Frgmnt’s fUSD stablecoin, enabling its federally chartered custody platform to let clients hold, mint, redeem and stake the dollar‑pegged token. By integrating fUSD, Anchorage broadens service offerings for hedge funds and banks, potentially boosting stablecoin liquidity and reinforcing the bank’s role as a key infrastructure provider in the evolving digital asset market.
The US federally chartered crypto bank will allow institutional clients to hold, mint, redeem and stake Frgmnt’s fUSD stablecoin through its custody platform.