Tether Invests US$100 Million in Anchorage Digital, Valuing Crypto Bank at US$4.2 Billion

Strategic Equity Investment: Tether invested $100 million in Anchorage Digital, valuing the U.S.-regulated crypto bank at $4.2 billion and deepening their existing partnership through Tether Investments.

USA₮ Stablecoin Launch: The collaboration enables Anchorage Digital Bank to issue USA₮, a federally compliant, dollar-pegged stablecoin under the GENIUS Act framework, targeting U.S. institutions and public-sector use.

Broader Implications: The deal strengthens Anchorage’s position in regulated digital asset custody, staking, and infrastructure, while Tether expands its U.S. presence using its substantial profits and reserves, amid Anchorage’s potential future IPO preparations.

Tether, the issuer of the world's largest stablecoin USDT (with roughly $185 billion in circulation and dominating ~60% of the stablecoin market), has announced a US$100 million strategic equity investment in Anchorage Digital. The deal, executed through Tether Investments (its El Salvador-based arm), formalizes and deepens an existing partnership between the two firms. Anchorage Digital, …

Tether Invests US$100 Million in Anchorage Digital, Valuing Crypto Bank at US$4.2 Billion Read More »

To view the rest of this page you need to have a subscription and be logged in.

You can login below or view our subscription options here.