Anchorage Digital Ends USDG Promotion to Assert Stablecoin Neutrality

Anchorage Digital will take a less active role in the Global Dollar Network as it becomes a white-label stablecoin issuer for more companies and takes a more neutral stance on individual stablecoins, CoinDesk reported Monday (May 11), citing its interview with Anchorage Digital CEO Nathan McCauley . The move came after the company partnered with stablecoin issuance platform M0 in April and now has a pipeline of 20 firms that it will help issue stablecoins, according to the report.