Anchorage Digital to Support Visa Stablecoin Settlement, Starting with USDPT

TL;DR: Anchorage Digital Bank, N.A. and Visa  are partnering to support select Anchorage Digital issued stablecoins as native settlement assets on the Visa network, starting with USDPT. The partnership helps advance Anchorage Digital's role as a settlement bank for stablecoins at institutional scale.

Today, Anchorage Digital, home to America’s first federally regulated digital asset bank, announced it is collaborating with Visa to support select stablecoins issued by Anchorage Digital Bank N.A. as native settlement assets on the Visa network, starting with USDPT, Western Union's stablecoin. Now, Visa and eligible partners have the option to use USDPT to settle their VisaNet obligations.  USDPT is the first Anchorage Digital issued stablecoin to be supported, and the collaboration creates a framework to explore support for additional stablecoins after the initial launch. 

This partnership is a step toward Anchorage Digital's broader vision of becoming the settlement bank for stablecoins at institutional scale. That means not only issuing stablecoins, but also providing the custody and settlement infrastructure that supports the broader ecosystem.

"Stablecoins have made money move faster, but speed alone won't bring institutions onchain. They need a regulated institution behind the money. With Anchorage Digital select issued stablecoins now being supported on the Visa  network, institutions get both: the speed of a stablecoin and the safety of a federally regulated bank behind it."— Nathan McCauley, Co-Founder and CEO, Anchorage Digital

Anchorage Digital’s broader stablecoin capabilities 

Anchorage Digital Bank operates a federally regulated stablecoin issuance platform, and already issues a range of institution-grade stablecoins, including USAT (Tether), USDPT (Western Union), USDGO (OSL Group), USDtb (Ethena Labs), fUSD (Falcon Finance), ZLUSD (Zelle). Each is fully backed by U.S. dollars and cash equivalents, redeemable 1:1, and minted under federal oversight to meet the standards institutions require to settle with confidence.

Issuance is only one part of the equation. Atlas, Anchorage Digital's counterparty settlement network, helps institutions settle those assets while mitigating counterparty risk through institution-grade settlement infrastructure. Atlas already powers off-exchange settlement, collateral management, and cross-border transfers, providing a secure, coordinated foundation for moving stablecoin assets at scale.

"As stablecoin payments grow, we’re focused on providing more choice for our partners in how they settle with Visa. Supporting USDPT as a native settlement asset, in partnership with Anchorage, gives them another trusted, institution-grade option backed by a federally chartered bank."— Dan Roesbery, Vice President, Global Crypto Partnerships & GTM, Visa

Building the settlement bank for stablecoins

For Anchorage Digital, the Visa integration is an important milestone, but it's also a glimpse of what's next. It reflects a broader shift toward a banking model built for digital assets, where a single federally chartered institution can issue stablecoins, support a growing ecosystem of third-party assets, and provide the settlement infrastructure that connects them. As institutions look to modernize payments, Anchorage Digital is building the foundation for that future.

For institutions building faster, always-on payments, Anchorage Digital provides federally regulated stablecoins and settlement infrastructure built for scale. To learn more, get in touch.