Anchorage Digital Announces Initial Partner Role in the Global Dollar Network

Institutions can now access USDG in a variety of ways, including stablecoin rewards and on/off ramps
Anchorage USDG logo

Anchorage Digital is proud to be an initial partner of the Global Dollar Network (GDN), an alliance of leaders in fintech and digital assets committed to accelerating the adoption of safe and trusted stablecoins. 

“Our role as an initial partner of the GDN is to ensure USDG meets the most important needs of institutions when it comes to stablecoins—seamless transactions, flexible trading, safe custody, and rewards. Anchorage Digital provides all of these in our support for USDG so institutions have a real and viable new option in USDG.”

—Nathan McCauley, Co-Founder and CEO of Anchorage Digital

Directed by a network advisory committee with partner representation, Global Dollar Network will reshape the stablecoin landscape, offering a solution that meets the stringent demands of global enterprises while promoting collaborative growth and innovation.

At the heart of GDN is USDG, a new US-dollar denominated stablecoin issued by Paxos Digital Singapore Pte. Ltd. (PDS), which is subject to prudential oversight by the Monetary Authority of Singapore (MAS). USDG powers seamless, low-cost, 24/7 global transfers.

Anchorage Digital’s comprehensive USDG support

  • Mint/burn: Seamlessly convert USDG to USD* and vice versa as an on/off ramp when participating in both fiat and digital assets.
  • Custody or self-custody: Safeguard USDG with the only US federally chartered crypto bank, Anchorage Digital Bank, or via MAS-licensed Anchorage Digital Singapore—assets are segregated on-chain and never commingled. Or, self-custody USDG with the industry’s leading institutional wallet, Porto by Anchorage Digital.
  • Collect stablecoin rewards: Receive rewards when holding USDG with Anchorage Digital, with no rehypothecation, no lending, no minimum balance requirements, and no lockups of your assets.
  • Trade: Anchorage Digital offers a range of institutional trading services for USDG, providing clients with flexible execution options, competitive pricing, and access to deep liquidity.**
  • Settle: Leverage Anchorage Digital’s Atlas network for secure and streamlined USDG settlement. Atlas minimizes counterparty, delivery, and bankruptcy-exposure risks and facilitates seamless transactions.

Whether you’re looking for stablecoin rewards, easy settlement, trading, or custody, Anchorage Digital can support your journey. Please get in touch to learn more.

*Available through Anchorage Digital trading
**Trading pairs coming soon

Disclosures: Anchorage Digital Neo, Ltd. is joining the Global Dollar Network as an initial member. 

Custody, settlement, staking, and governance services are offered through Anchorage Digital Bank National Association (“Anchorage Digital Bank”). Digital asset trading services are provided by Anchorage Hold LLC (“Anchorage Hold”). A1 Ltd. (“A1”) is a principal trading business. Anchorage Services, LLC (“Anchorage Services”) is an NFA-registered introducing broker, NFA ID No. 0532710. 

Anchorage Digital Bank, Anchorage Hold, A1, and Anchorage Services are not registered with the SEC or any state authority as a broker or dealer and are not authorized to engage in the business of the offer, sale, or trading of securities. Anchorage Digital Bank offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian.Anchorage Digital services are offered to institutions and certain high net worth individuals in limited circumstances, and are not marketed to residents outside of the US. 

Certain trading services are designed and available only for institutions who meet eligibility requirements, including qualification as an Eligible Contract Participant (ECP) under the rules of the U.S. Commodity Futures Trading Commission. 

For institutions participating in custody, staking, or governance with Anchorage’s Singapore entity, those services are offered through Anchorage Digital Singapore Pte Ltd (“Anchorage Digital Singapore”). 

The Stablecoin Rewards Program (the "Program") is offered by Anchorage Digital Neo, Ltd. Stablecoins must be held with custody or wallet platforms offered by Anchorage Digital Bank National Association, Anchorage Digital Singapore Pte, Ltd., or Anchorage Innovations, LLC, in order to be eligible for rewards. This program is not offered by any of the aforementioned custody or wallet service providers. Please refer to the Stablecoin Rewards Program Terms & Conditions for all applicable terms and risks. By participating in the Program, participants acknowledge that they have read, understood, and agreed to be bound by this disclaimer and any other terms and conditions governing the Program, including that their participation in the Program may be frozen, suspended, or terminated at any time upon notice. Information in this document is for general educational purposes only and eligibility limitations apply. This document is not intended to constitute an offer, solicitation, recommendation, investment, or any other advice on financial products. Availability is subject to jurisdictional limitations.

The Program is not subject to regulatory oversight in the Cayman Islands or any other jurisdiction. Participants in the Program acknowledge and understand that the Program is not regulated by any governmental authority or regulatory body in the Cayman Islands or elsewhere. As such, there are no guarantees regarding the stability, security, or reliability of the Program. Participation in the Program carries inherent risks, including but not limited to the risk of loss of funds, lack of recourse in case of disputes, and potential volatility of a stablecoin's value. Participants are responsible for understanding and complying with all applicable laws, regulations, and requirements in their respective jurisdictions regarding the use, possession, and transfer of digital assets, including stablecoins. Nothing in the Program constitutes investment advice, financial advice, or any other form of professional advice. Participants should conduct their own research and seek appropriate professional advice before participating in the Program. Anchorage Digital Neo, Ltd. and its affiliates, officers, directors, employees, agents, and representatives shall not be liable for any losses, damages, liabilities, costs, or expenses arising out of or related to participation in the Program, regardless of the cause of action or legal theory asserted.

About Anchorage Digital

Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the only federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore, and self-custody wallet Porto by Anchorage Digital. The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.

This post is intended for informational purposes only. It is not to be construed as and does not constitute an offer to sell or a solicitation of an offer to purchase any securities in Anchor Labs, Inc., or any of its subsidiaries, and should not be relied upon to make any investment decisions. Furthermore, nothing within this announcement is intended to provide tax, legal, or investment advice and its contents should not be construed as a recommendation to buy, sell, or hold any security or digital asset or to engage in any transaction therein.

Anchorage Digital Bank National Association offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian.

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