Anchorage Digital and M0 team up to power next wave of regulated stablecoins

Anchorage seeks to expand its issuance platform through M0, and opens the door to a broad range of firms looking to launch U.S.-regulated stablecoins.

What to know:

• Anchorage Digital, the U.S' first federally chartered crypto bank, has tapped M0 as its core technology provider.
• Anchorage's aim is to become the primary engine for institutions looking to mint and manage regulated stablecoins.
• M0’s protocol for global institutions to mint fully configurable stablecoins, is already used by the likes of Stripe, Moonpay and MetaMask.

Anchorage Digital, the U.S' first federally chartered crypto bank, has tapped M0 as its core technology provider, a move designed to turn the custodian into a primary engine for institutions looking to mint and manage regulated stablecoins.

San Francisico-based Anchorage seeks to expand its issuance platform through M0, and opens the door to a broad range of firms looking to launch U.S.-regulated stablecoins, according to a press release.

M0 (pronounced “M Zero”), is a flexible protocol that allows global institutions to mint fully configurable stablecoins, which also works with the likes of Stripe, Moonpay and MetaMask.

“It might not sound like the sexiest topic, but we have been building modular infrastructure for stablecoins for three years now,” said M0 CEO Luca Prosperi, in an interview. “This means we are supporting anyone who wants to launch and manage their own stablecoin, whether it is a crypto project, protocol, fintech, payment provider, exchange and many more.”

The arrival of the GENIUS Act means stablecoins in the U.S. are becoming a regulated instrument. M0 has already partnered with several regulated players that are using the firm’s contracts, but with Anchorage the regulation-focused relationship is “a bit deeper,” Prosperi added.

“By partnering with M0, we’re extending our issuance platform to support that growth, while maintaining the regulatory, operational, and security standards our partners rely on,” said Anchorage CEO Nathan McCauley, in a statement.

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The fund, dubbed CUSHY, targets yield from onchain lending and private credit, offering tokenized access through Superstate for institutional investors.

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• Coinbase Asset Management (CBAM) is introducing a credit fund tied to stablecoin markets with a tokenized share class.
• The fund, dubbed CUSHY, will use Superstate’s FundOS platform to issue onchain shares on Ethereum, Solana, Base blockchains.
• The move reflects growing demand for yield products built on blockchain-based rails, CBAM president...

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