Core Insights - Tether has invested $100 million in Anchorage Digital, valuing the bank at $4.2 billion [1][2] - Anchorage provides various services including custody, staking, settlement, and stablecoin issuance to institutional clients [2] - The investment positions Tether within the growing U.S. stablecoin infrastructure, which is increasingly favoring regulated entities [3] Company Overview - Anchorage holds a national banking charter in the U.S. and has a working relationship with Tether, serving as the banking partner for Tether's USAT stablecoin [2] - Tether, regulated in El Salvador, primarily targets offshore users and emerging markets with its $185 billion USDT token [3] Strategic Implications - Tether's investment reflects a commitment to secure and transparent financial systems, aligning with its mission to challenge existing financial structures [4] - The investment allows Anchorage employees to sell equity at the same valuation through a tender offer, indicating a focus on employee engagement and retention [1]