Anchorage Digital Adds fUSD Custody, Minting, Redemption Support for Institutions
JH Kim
Summary
- Anchorage Digital said it is adding fUSD-related services for institutional investors.
- Institutional clients can use Anchorage Digital’s platform for fUSD custody, minting and redemption.
- Institutional investors can also manage their holdings through staking with fUSD.
Forecast Trend Report by Period
Anchorage Digital, a digital-asset financial platform, is supporting services tied to Frgmnt’s stablecoin fUSD for institutional investors.
Cointelegraph reported on September 11 that institutional clients can use Anchorage Digital’s platform for fUSD custody, minting and redemption.
The platform also supports staking with fUSD, allowing institutions to put their holdings to work.
With the added support, institutional investors can access a range of fUSD-related services through Anchorage Digital’s infrastructure, from custody to minting, redemption and staking.
JH Kim
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