Anchorage Digital Ethena Labs Launch First GENIUS-Compliant Stablecoin Under 2025 Act

Generated by AI AgentCoin World
Thursday, Jul 24, 2025 9:39 am ET2min read
Aime RobotAime Summary

- Anchorage Digital and Ethena Labs launch USDtb, the first GENIUS Act-compliant stablecoin under the 2025 U.S. federal law.

- USDtb incorporates transparency, reserve backing, and real-time reporting mandated by the legislation, aligning digital assets with U.S. regulatory standards.

- The partnership combines Anchorage’s banking infrastructure with Ethena’s technical expertise to address systemic risks while fostering innovation in digital assets.

- The GENIUS Act requires reserve audits and Federal Reserve oversight, which USDtb integrates to ensure compliance and mitigate risks from past crypto collapses.

- This initiative reflects a broader trend toward regulatory alignment, potentially influencing future legislation if USDtb demonstrates resilience and adherence to standards.

Anchorage Digital, a U.S. federally chartered crypto bank, has partnered with Ethena Labs to launch the first stablecoin compliant with the GENIUS Act, a federal law enacted in 2025 to regulate stablecoin issuance. The new stablecoin,

, will be issued in the United States through Anchorage Digital’s platform, which offers a fully regulated framework for digital dollar issuance [1]. This collaboration marks a significant milestone in aligning digital assets with U.S. regulatory standards, as USDtb incorporates transparency, reserve backing, and real-time reporting requirements mandated by the legislation [2]. By leveraging Anchorage’s banking infrastructure and Ethena’s technical expertise, the partnership aims to address systemic risks while fostering innovation in the digital asset space [3].

The GENIUS Act imposes stricter safeguards, including mandatory reserve audits and oversight by the Federal Reserve. USDtb’s design integrates these compliance mechanisms, ensuring adherence to the law’s framework [4]. This development reflects a broader industry trend toward regulatory alignment, as policymakers seek to prevent failures seen in earlier crypto collapses [5]. Anchorage Digital’s role as a federally chartered institution adds credibility to the initiative, while Ethena’s experience in algorithmic stablecoins enables a hybrid model blending traditional reserves with algorithmic adjustments for price stability [6].

The partnership focuses exclusively on the U.S. market, avoiding international regulatory complexities prioritized by the GENIUS Act’s domestic scope [7]. While the launch timeline remains unspecified, the emphasis on compliance suggests a phased deployment strategy, potentially involving pilot programs or regulatory reviews [8]. Analysts note that the success of this model could influence future legislative efforts, particularly if USDtb demonstrates resilience and adherence to standards [5].

This initiative underscores the convergence of traditional finance and decentralized finance (DeFi) under a regulatory umbrella. By positioning USDtb as a compliant, programmable digital dollar, Anchorage and Ethena aim to serve institutional investors seeking high regulatory standards [1]. The collaboration sets a precedent for stablecoin governance, reducing uncertainty for market participants and reshaping the U.S. stablecoin landscape [3].

Sources:

[1] [Anchorage Digital Partners with Ethena Labs to Launch the First GENIUS-Compliant Federally Regulated Stablecoin] https://www.businesswire.com/news/home/20250723391461/en/Anchorage-Digital-Partners-with-Ethena-Labs-to-Launch-the-First-GENIUS-Compliant-Federally-Regulated-Stablecoin

[2] [Anchorage Digital Partners with Ethena Labs to Launch the First GENIUS-Compliant Federally Regulated Stablecoin] https://www.joplinglobe.com/region/national_business/anchorage-digital-partners-with-ethena-labs-to-launch-the-first-genius-compliant-federally-regulated-stablecoin/article_1107fe24-2946-5980-bf4f-2be6f03cb31a.html

[3] [Anchorage Digital Partners with Ethena Labs to Launch the First GENIUS-Compliant Federally Regulated Stablecoin] https://ottawacitizen.com/category/business-wire-news-releases-pmn/

[4] [Anchorage Digital Partners with Ethena Labs to Launch the First GENIUS-Compliant Federally Regulated Stablecoin] https://financialpost.com/category/pmn/business-wire-news-releases-pmn/

[5] [Anchorage Digital Partners with Ethena Labs to Launch the First GENIUS-Compliant Federally Regulated Stablecoin] https://nationalpost.com/category/pmn/

[6] [Anchorage Digital Partners with Ethena Labs to Launch the First GENIUS-Compliant Federally Regulated Stablecoin] https://www.businesswire.com/newsroom?industry=1778661

[7] [Anchorage Digital Partners with Ethena Labs to Launch the First GENIUS-Compliant Federally Regulated Stablecoin] https://www.joplinglobe.com/region/national_business/anchorage-digital-partners-with-ethena-labs-to-launch-the-first-genius-compliant-federally-regulated-stablecoin/article_1107fe24-2946-5980-bf4f-2be6f03cb31a.html

[8] [Anchorage Digital Partners with Ethena Labs to Launch the First GENIUS-Compliant Federally Regulated Stablecoin] https://ottawacitizen.com/category/business-wire-news-releases-pmn/