Anchorage CEO: About 20 banks and tech giants are lining up to issue stablecoins through the company

According to CoinDesk, Anchorage Digital CEO Nathan McCauley stated at the Consensus conference that since the passage of the GENIUS Act, about 20 financial institutions and large tech companies are lining up to issue their own stablecoins through Anchorage.

He mentioned that Anchorage has won authorization for all major stablecoin issuances in the market, with clients including banks looking to achieve specific goals and stablecoin issuers with distribution channels. McCauley believes that agency business is reshaping the industry landscape, and stablecoins and digital assets are reconstructing money itself, a trend that is still severely underestimated by the market.