Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group
CoinDesk
Anchorage Digital is shifting toward a neutral stance regarding its involvement in the USDG stablecoin consortium backed by Robinhood and Kraken.Summary
Anchorage Digital, the first federally chartered crypto bank in the U.S., has announced it is reducing its active role in the Global Dollar (USDG) stablecoin consortium. CEO Nathan McCauley stated that the firm intends to prioritize neutrality as it expands its business as a white-label stablecoin issuer for various financial institutions and tech companies. While Anchorage remains a supporter of USDG, the shift reflects a strategic effort to avoid prioritizing any single stablecoin over others as the company grows its broader custody and issuance services.
(Source：CoinDesk)