U.S. Bank selected to provide custody services for reserves backing payment stablecoins from Anchorage Digital Bank

Core Insights - U.S. Bank has been selected as the custodian for reserves backing Anchorage Digital Bank's payment stablecoins [1] - Anchorage Digital Bank is the only crypto-native bank in the U.S. with a federal charter, operating under the oversight of the Office of the Comptroller of the Currency (OCC) [1] - U.S. Bank is one of the largest global custodians in the nation, with capabilities extending into nearly 100 financial markets worldwide [1]