Anchorage Digital Now Offers Interest on USD Balances: Opening a New Era for Crypto Banking

• Anchorage Digital now offers interest-bearing USD accounts as part of its integrated institutional platform
• Clients can earn interest on idle USD, create multiple sub-accounts, move funds globally via SWIFT, and consolidate operations

_{A new standard for banking in the digital asset economy}

Over the past several years, institutions have gained access to secure digital asset custody, trading, and blockchain-based settlement. But one critical piece has remained fragmented: fiat banking.

Companies operating in crypto have been forced to navigate a patchwork of providers, holding USD at one institution, digital assets at another, and settling across yet another platform. The result is unnecessary operational complexity and counterparty risk.

At the same time, a fundamental inefficiency has persisted: USD balances, often large and operationally necessary, have generated little to no return.

Today, Anchorage Digital, home to America’s first federally chartered crypto bank, has selected BNY, a global financial services company, to provide access to traditional banking infrastructure, including interest bearing USD deposit accounts and payment rail connectivity, supporting a range of domestic and select cross-border operational needs. With this launch, Anchorage Digital adds traditional USD deposit and payment capabilities to its platform, alongside its existing digital asset custody, trading and 24/7 settlement infrastructure.

“Institutions shouldn’t have to accept idle capital as a cost of doing business. With interest-bearing USD accounts, we’re giving clients a way to improve capital efficiency without introducing additional complexity or risk.” — Nathan McCauley, Co-Founder and CEO, Anchorage Digital

_{Built for how institutions actually operate}

With this launch, Anchorage Digital brings together the core functions institutions rely on to manage capital, banking, custody, and settlement, into a single, federally regulated platform.

Clients can hold USD balances within a consistent regulatory framework designed for institutional safeguards, while also putting those balances to work. Rather than sitting idle, USD can now generate interest without liquidity or operational flexibility tradeoffs.

At the same time, capital movement becomes truly global. Direct access to international wires alongside domestic payments expands the reach of institutional operations.

This consolidation reduces complexity. By bringing USD banking and digital asset infrastructure together, institutions can eliminate fragmented workflows, simplify reconciliation, and operate with greater efficiency across both USD and crypto.

This is not a standalone feature. It is a structural shift in how institutions manage capital across USD and digital assets.

_{Rethinking banking for digital assets}

As digital assets become embedded in institutional workflows, the distinction between “crypto infrastructure” and “traditional banking” is disappearing.

What institutions need is not another point solution, but a trusted financial partner that understands both systems.

Anchorage Digital provides banking services that are powered by a new engagement with BNY, a leading global payments provider, to expand access to trusted banking and payment infrastructure. This collaboration builds on Anchorage Digital’s early participation in tokenized deposit enablement introduced by BNY earlier this year. 

This new effort layers institutional-grade traditional banking capabilities onto Anchorage Digital’s crypto-native platform, bringing together trusted banking infrastructure and deep digital asset expertise. 

The result: institutions can earn interest on USD balances, reduce counterparty risk through consolidation under a single regulated platform, and operate globally with integrated USD and blockchain-based settlement rails.

_{Global money movement across USD and digital assets}

Anchorage Digital enables institutions to move capital seamlessly across both USD and crypto.

Clients can transfer USD through established payment networks to support their non-digital asset related activities, while also leveraging blockchain rails and stablecoins for faster and more flexible settlement. These services provide optionality in how capital is deployed, whether through traditional banking infrastructure or onchain systems.

Within a single platform, institutions can access:

• USD banking with interest-bearing accounts and traditional payment rails
• Virtual sub-accounts with unique account numbers to streamline segregation and reconciliation.
• Qualified digital asset custody with segregated, bankruptcy-remote protections
• Trading, staking, and settlement across a growing network of institutional counterparties
• Traditional and blockchain rails depending on the needs of a transaction

By bringing these capabilities together, Anchorage Digital enables institutions to operate across global markets with greater speed, efficiency, and control.

_{The future of institutional finance}

Since its founding, Anchorage Digital has focused on building the core infrastructure required for institutional participation in digital assets.

Istitutions are not choosing between traditional finance and digital assets. They are integrating both into a single, unified operating model.

Anchorage Digital is building the platform to support that shift, bringing together banking, custody, and settlement into infrastructure designed for how modern institutions actually operate.

If you’re operating in digital assets, your banking should reflect that reality. To learn more about Anchorage Digital’s banking services, or to begin onboarding, please get in touch.