Anchorage Offers Stablecoin Infrastructure to Non-U.S. Banks as Correspondent Alternative
Crypto bank Anchorage Digital said it is rolling out U.S.-compliant stablecoin infrastructure for non-U.S. banks, positioning tokenized USD rails as an alternative to slow correspondent banking. The offering combines custody, compliant onboarding and token settlement so institutional clients can move value with near-real-time finality while remaining aligned with U.S. regulatory expectations.
The shift matters because many international corridors still face slow settlement, high fees and liquidity frictions tied to nostro/vostro relationships. A regulated stablecoin option could reduce settlement times, improve reconciliation and lower costs for banks and their customers. Wider impact will depend on how quickly banks integrate token rails and how correspondent jurisdictions view regulated stablecoins, but increased uptake could accelerate institutional adoption of tokenized money and heighten competition with legacy payment networks.