In a strategic move, Anchorage Digital, the first federally chartered crypto bank in the US, has chosen M0 as its core technology provider to power the next generation of regulated stablecoins. This partnership aims to transform Anchorage into a leading platform for institutions seeking to create and manage compliant stablecoins. By leveraging M0's flexible protocol, which has already been adopted by notable companies like Stripe, Moonpay, and MetaMask, Anchorage is poised to support a broad spectrum of firms looking to issue US-regulated stablecoins. According to M0 CEO Luca Prosperi, the company has been developing modular infrastructure for stablecoins over the past three years, enabling any organization to launch and manage its own stablecoin.
With the introduction of the GENIUS Act, stablecoins are becoming a regulated instrument in the US, and M0 has established partnerships with several regulated entities. The collaboration with Anchorage marks a deeper regulatory-focused relationship.
Anchorage CEO Nathan McCauley stated that the partnership with M0 will extend the company's issuance platform, ensuring the maintenance of high regulatory, operational, and security standards that its partners trust.