According to Bloomberg, U.S.-licensed crypto bank Anchorage Digital plans to more than double the size of its stablecoin team within the next year. Anchorage CEO Nathan McCauley stated that the bank's stablecoin team currently has about 20 members. Anchorage's federal charter allows it to issue large-scale stablecoins in the U.S. under the "Genius Act." Earlier this month, Anchorage and Tether announced plans to collaborate on launching a compliant new digital dollar, USAT, with Anchorage serving as the legal issuer and Cantor Fitzgerald LP overseeing reserve asset management. http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=49338