Anchorage Digital, a founding partner of the USDG stablecoin Global Dollar Network, is stepping back from its leadership role as the alliance adopts a multi-party governance model. This change redistributes decision-making power among multiple members, aiming to enhance transparency and reduce single points of control. Anchorage remains part of the network but with less direct influence, reflecting a move toward decentralization as the alliance grows to 25 members. This governance shift could improve resilience but may slow decision-making, impacting the stablecoin's adaptability in a competitive market.
Anchorage Digital, the first federally chartered crypto bank in the US, now supports staking and custody for TRON's native token TRX and TRC-20 assets. This move provides institutional investors a regulated way to access TRON, a blockchain network wi...
Tether led a $7 million Series A funding round in Pact Labs to expand the use of its USA₮ stablecoin in payroll, payments, and lending through fintech partnerships. Pact Labs connects traditional fintech with blockchain liquidity, enabling over 500,0...
