Anchorage Digital, the federally chartered US crypto bank, is rolling out institutional access to Frgmnt’s fUSD stablecoin through its custody platform. With this expanded service, Anchorage clients can now securely hold fUSD, mint new tokens, redeem them, and participate in fUSD staking—all in one place.

What Happened

Anchorage Digital’s custody platform is giving institutions the full toolkit for fUSD: custody, minting, redemption, and staking. This upgrade is all about streamlining access for big market players, letting them tap into fUSD via Anchorage’s infrastructure built specifically for institutions.

Why Institutions Care

Institutions now get a one-stop shop for everything fUSD. From holding the asset to minting, redeeming, and staking, it all happens within Anchorage Digital’s existing custody ecosystem. No more piecing together separate integrations for each action—everything’s under one roof.

Product Details

The new access covers four main features: fUSD custody, minting, redemption, and staking. All of this is available to institutional clients through Anchorage Digital’s custody platform. The company isn’t sharing any extra details or specific terms beyond this announcement.