Anchorage Digital Pursues More Efficient Institutional Stablecoin Liquidity
Anchorage Digital is exploring a stablecoin issuance model designed to offer institutional stablecoin issuers better liquidity, capital efficiency and security. This Cashless Reserves model would rely on just-in-time liquidity to meet redemption demand, thereby optimizing treasury management and yield opportunities, the company said in a Tuesday (May 5) press release emailed to PYMNTS. Instead of static cash buffers, this model would hold reserves on Solana in yield-bearing, low-risk, tokenized