Anchorage Digital Partners with Bank of America for Stablecoin Reserves

Anchorage Digital Bank, a U.S.-based digital bank specializing in cryptocurrencies, has announced an exclusive partnership with Bank of America to secure its stablecoin reserves. This partnership makes Bank of America the custodian for Anchorage’s stablecoins. As a federally chartered crypto-native bank under the direct supervision of the Office of the Comptroller of the Currency (OCC), Anchorage is at the forefront of providing banking services within the rapidly evolving cryptocurrency landscape.