In a strategic move to bolster its position as a primary hub for institutions seeking to create and manage regulated stablecoins, Anchorage Digital, a pioneering federally chartered crypto bank in the US, has selected M0 as its core technology partner. This alliance aims to leverage M0's flexible protocol, which enables the creation of fully customizable stablecoins and has already been adopted by notable entities such as Stripe, Moonpay, and MetaMask.
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 a broad spectrum of organizations in launching and managing their own stablecoins. The recent introduction of the GENIUS Act has ushered in a new era of regulation for stablecoins in the US, with M0 having already established partnerships with several regulated entities.
The collaboration with Anchorage, however, marks a deeper regulatory-focused relationship. Anchorage CEO Nathan McCauley emphasized that the partnership with M0 will enable the extension of their issuance platform to accommodate growing demand while upholding the high standards of regulatory compliance, operational efficiency, and security that their partners expect.