Securitize mints stablecoins directly with Anchorage Digital Bank, bypassing intermediaries

Securitize and Anchorage Digital Bank, N.A. announced on Tuesday that Securitize is now issuing and redeeming stablecoins directly through the federally chartered Anchorage bank, enabling a streamlined process without third-party intermediaries. Under this new arrangement, Anchorage issues the tokens, provides custody, and manages transaction settlements, ensuring that all steps occur within a single federally regulated institution. Securitize, a platform that supports the infrastructure for tokenized assets, confirmed the partnership on X, noting, “one federally chartered bank handles the mint-to-redemption process.” The announcement did not clarify which specific stablecoins Securitize utilizes under this collaboration.

Also reported by The Defiant.

Source: CoinTurk News