Tether Invests $100M in U.S.-Regulated Crypto Bank Anchorage
Tether announced a $100 million investment in Anchorage Digital, the U.S.-regulated institution that supports its USAT stablecoin tailored for American users. The move, disclosed Thursday, strengthens the operational and capital ties between the issuer and a regulated custody and banking partner, signalling a deeper commitment to the U.S. market.
The infusion is likely to boost Anchorage’s capacity to support product rollouts, liquidity and compliance efforts, and may reassure institutional customers and regulators about the stability of U.S.-targeted stablecoins. While not a guarantee of regulatory outcomes, the deal underscores a broader industry trend toward partnering with chartered crypto banks to improve transparency and trust in stablecoin infrastructure.