In a significant move, Anchorage Digital, the first federally chartered cryptocurrency bank in the US, has selected M0 as its core technology partner to power its regulated stablecoin offerings. This collaboration is designed to position Anchorage as a leading platform for institutions seeking to create and manage compliant stablecoins.
By leveraging M0's flexible protocol, which has already been adopted by major players like Stripe, Moonpay, and MetaMask, Anchorage aims to broaden its reach and support a diverse range of firms looking to launch US-regulated stablecoins. According to M0 CEO Luca Prosperi, the company has been developing modular infrastructure for stablecoins over the past three years, with the goal of supporting any organization that wants to launch and manage its own stablecoin. The recent introduction of the GENIUS Act has brought stablecoins in the US under regulatory oversight, and M0 has already partnered with several regulated entities that utilize its contracts.
The partnership with Anchorage represents a deeper regulatory-focused relationship, as noted by Prosperi. Anchorage CEO Nathan McCauley emphasized that the partnership with M0 will enable the company to extend its issuance platform while maintaining the high standards of regulatory compliance, operational integrity, and security that its partners expect.