The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape, according to the firm’s CEO Nathan McCauley. By Ian Allison | Edited by Jamie Crawley May 7, 2026, 4:36 p.m. 2 min read Make preferred on Anchorage Digital CEO Nathan McCauley What to know : Anchorage was the U.S' first federally chartered crypto bank. Partnerships like the recent one with stablecoin issuance protocol M0 is helping Anchorage meet demand. The firm also launched AI-based “Agentic Bank” this week. As many as 20 financial institutions and large tech companies are in a queue to issue their own stablecoins with Anchorage Digital, the U.S.-regulated cryptocurrency custody firm’s CEO Nathan McCauley said at Consensus Miami 2026 on Thursday. “Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape,” McCauley said. “We have really a dozen to maybe even as many as 20 institutional issuers or large tech company issuers who are going to come in and issue their stablecoin with us." “The kind of inbounds we see are banks that want to achieve a very specific objective, stablecoin issuers who are saying, ‘Hey, I've got a distribution channel where I can put my stablecoin to good use,’” he added. Anchorage was the U.S' first federally chartered crypto bank , so it’s not surprising the firm is now reaping the benefits of an incipient regulatory framework in the States. In order to better meet that demand, Anchorage, last month, announced a partnership with M0, a technology provider that allows global institutions to mint fully configurable stablecoins, which also works with the likes of Stripe, Moonpay and MetaMask. Another significant announcement for Anchorage was AI-based “Agentic Banking,” a way for AI agents to transact and manage funds, in partnering with Google Cloud infrastructure. McCauley described agentic commerce as “an entire reimagining of the landscape.” “We’ve got that happening with AI agents, and at the same time we are seeing a fundamental replatforming of money itself via stable coins and digital assets. We're here at this conference, and it’s the main thing we're talking about. But I still think it's vastly underestimated.” Anchorage Digital Consensus Miami 2026 More For You The great derivatives disconnect: Why 'negative' funding is actually a bullish signal for Bitcoin By Francisco Rodrigues , AI Boost | Edited by Jamie Crawley 47 minutes ago Panelists are split on the four-year cycle's relevance, with year-end price targets varying widely from potentially not reaching a new high to possible targets of $150k or $250k. What to know : Bitcoin funding rates are extremely bearish (near -4% annualized), signaling heavy short positioning, a rare setup that has historically preceded positive returns. Resilient spot ETF demand ($1.6B this month) is shifting the market structure toward a "Wall Street machine," leading to lower volatility and more strategic allocations. Panelists are split... Read full story Latest Crypto News The great derivatives disconnect: Why 'negative' funding is actually a bullish signal for Bitcoin 47 minutes ago Ripple-linked XRP slips 25% below $1.42 as traders watch breakout 1 hour ago Crypto for Advisors: beneath the crypto surface 1 hour ago The $700 million migration: Why Solv Protocol is ditching LayerZero for Chainlink 1 hour ago Kalshi confirms $1 billion raise at $22 billion valuation amid prediction market boom 1 hour ago Aave to overhaul collateral and listing standards after KelpDAO exploit 2 hours ago Top Stories Consensus Miami Day 3: Real-time coverage and highlights from on the ground 3 hours ago Bitcoin treasury firms outline $3 trillion opportunity in BTC-backed digital credit at Consensus 4 hours ago Bitcoin tests Bollinger Bands breakout as creator flips bullish on BTC 2 hours ago Safety first: Why Adam Back says Bitcoin is winning the 'DeFi security war' 6 hours ago Dogecoin slides 4%, bitcoin rally pauses as Iran ceasefire optimism lifts equities 12 hours ago Bitwise enters tokenization in takeover of Superstate’s $267 million 'carry fund' 3 hours ago