Marking a Milestone: Anchorage Digital Bank Now Accepting USD Deposits in App

Clients can custody USD through Anchorage Digital Bank and use USD on our settlement network, Atlas

Today, we're excited to announce that Anchorage Digital Bank N.A. is now accepting USD deposits and providing custody for fiat currency on the same, integrated user interface. This marks an important milestone, allowing our clients to consolidate both their digital asset and USD holdings with the same trusted, qualified custodian.

Clients of Anchorage Digital Bank, the only federally chartered crypto bank, can deposit and withdraw USD, as well as utilize USD on our ground-breaking settlement network, Atlas, for settlements executed between bank clients. Protocols and crypto-native companies can also streamline their banking relationships by holding both USD and cryptocurrencies via Anchorage Digital Bank, allowing them both the option to deposit and withdraw dollars.

With our unwavering commitment to the highest standards of regulatory compliance, security, and operational excellence, clients can have peace of mind that their USD holdings are safely custodied.

We look forward to continuing to expand our capabilities to best serve the evolving needs of institutional participants in crypto. If you’d like to learn more about our offerings, please get in touch

About Anchorage Digital

Anchorage Digital is a 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, Porto by Anchorage Digital, and other offerings. 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.

Additional reading

Anchorage Digital, Hashnote Launch New Solution for Crypto Asset Management
Ex-Goldman Sachs Banking Leader Connie Shoemaker Joins Anchorage Digital Bank N.A. Board of Directors
Providing custody at scale and supporting prudent regulation at Anchorage Digital
Anchorage Digital Adds Support for Native DYDX Staking
Introducing Atlas: The only crypto settlement network by a federally regulated custodian
Anchorage Digital Appoints Aaron Schnarch, Former CEO of Coinbase Custody, as Chief Operating Officer