Update
Anchorage Digital Stablecoins Now Settle on Visa Network
Visa and eligible companies can now use Anchorage Digital’s USDPT, a dollar-pegged stablecoin issued and custodied by Anchorage Digital Bank, to settle their obligations on VisaNet. This marks the first Anchorage-issued token to gain this status, establishing a framework for adding more of its stablecoins to VisaNet in the future. Anchorage Digital, a federally chartered crypto bank, claims the move pairs the speed of a stablecoin with the safeguards of a regulated bank.