Anchorage Digital, the first federally chartered crypto bank in the U.S., announced that it will take on a more neutral role within the Global Dollar Stablecoin Alliance (USDG) and will no longer prioritize promoting USDG as it did before. USDG currently has a circulation of approximately $3 billion, issued by Paxos Digital Singapore and regulated by the Monetary Authority of Singapore. Alliance members include Robinhood, Kraken, Galaxy Digital, OKX, Visa, Worldpay, and Bullish. Anchorage CEO Nathan McCauley stated that as the company provides white-label stablecoin issuance services to an increasing number of institutions, maintaining neutrality in the stablecoin space aligns better with its incentive structure. (CoinDesk) https://(wublock123.com)/news/news-60881