Transparency

USDtb reserve attestations

USDtb is America’s first federally regulated stablecoin, issued by Anchorage Digital Bank in partnership with Ethena Labs.

Reserve attestations

USDtb reserve holdings are fully disclosed on a monthly basis. Attestation reports are provided by Deloitte, an independent third-party accounting firm. The reports are prepared according to attestation standards set out by the American Institute of Certified Public Accountants (AICPA).

2025

OctNov

“Onshoring USDtb in partnership with Anchorage Digital Bank marks
a pivotal moment not just for Ethena Labs, but for the future of stablecoins under U.S. oversight. Partnering with the first federally chartered crypto bank to bring USDtb to America demonstrates that innovation and regulation can advance together.”

Guy Young
Founder, Ethena Labs
Phone graphic with generic assets in orbit around

Launch your stablecoin with the first federally regulated issuer

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