Anchorage Digital stops promoting USDG to stay neutral on stablecoins amid new partnerships.

Anchorage Digital is stepping back from actively promoting the USDG stablecoin to adopt a neutral stance on stablecoins as it expands its role as a white-label issuer for multiple companies. After partnering with stablecoin platform M0, Anchorage now supports a pipeline of 20 firms issuing stablecoins, focusing on regulatory compliance and security. This shift reflects Anchorage's strategy to support the broader stablecoin ecosystem without favoring any single token, while exploring new models like Cashless Reserves to improve liquidity and capital efficiency for institutional issuers. The move signals Anchorage's evolving role in the growing stablecoin market and its commitment to infrastructure innovation.